Kusam Electrical Industries Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showing mixed performance with quarterly losses offset by improved nine-month revenue figures. The Mumbai-based electrical and electronic measuring instruments trading company reported these results under Regulation 33 of SEBI listing requirements.

Board Meeting and Governance

The Board of Directors approved the unaudited financial results at their meeting held on February 12, 2026, which commenced at 3:00 PM and concluded at 4:30 PM. The Audit Committee reviewed the results, and statutory auditors Chhajed & Doshi Chartered Accountants conducted a limited review of the financial statements. The company operates from C-325, 3rd Floor, Antop Hill Warehousing Co. Ltd., Vidyalankar College Road, Antop Hill, Wadala East, Mumbai-400037.

Quarterly Performance Analysis

The third quarter of FY26 presented challenges for the company, with significant deterioration in profitability metrics compared to the previous year.

The company's earnings per share turned negative at ₹4.81 in Q3FY26 compared to positive ₹12.51 in the corresponding quarter of the previous year.

Nine-Month Performance Overview

Despite quarterly challenges, the nine-month performance showed revenue growth, though profitability remained under pressure.

Expense Structure and Cost Management

The company's expense profile revealed several key trends during the quarter. Purchase of stock-in-trade decreased to ₹158.73 lakhs in Q3FY26 from ₹192.90 lakhs in Q3FY25. However, employee benefit expenses increased significantly to ₹44.59 lakhs from ₹36.07 lakhs year-on-year. Other expenses also rose substantially to ₹51.06 lakhs compared to ₹34.22 lakhs in the previous year's quarter.

For the nine-month period, purchase of stock-in-trade declined to ₹456.30 lakhs from ₹558.44 lakhs, while employee benefit expenses increased to ₹112.89 lakhs from ₹98.40 lakhs. Finance costs remained minimal at ₹0.89 lakhs for nine months compared to ₹1.99 lakhs in the previous year.

Tax Position and Comprehensive Income

The company's tax expense structure showed current tax of negative ₹0.30 lakhs in Q3FY26 compared to ₹10.68 lakhs in Q3FY25, reflecting the loss position. Deferred tax was negative ₹0.28 lakhs versus negative ₹1.35 lakhs in the previous year. Total comprehensive income for the quarter was negative ₹12.27 lakhs compared to positive ₹30.12 lakhs in Q3FY25.

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 12, 2026. The statutory auditors, Chhajed & Doshi Chartered Accountants, conducted a limited review of the results. The company operates solely in trading of electrical and electronic measuring instruments, with no reportable business segments. All figures comply with Indian Accounting Standards as prescribed under the Companies Act 2013.

Kusam Electrical Industries Ltd. has announced significant leadership changes and committee reconstitution following its Board meeting held on January 29, 2026. The company informed the Bombay Stock Exchange about key appointments and directorial changes under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Key Management Appointments

The Board approved the appointment of Ms. Ankita Rajeshkumar Nahata (M.No: A79563) as Company Secretary and Compliance Officer, designated as Key Managerial Personnel, effective January 29, 2026. Ms. Nahata is an Associate Member of the Institute of Company Secretaries of India (ICSI) and brings experience in compliance under the Companies Act, 2013, Listing Regulations, and other relevant corporate laws.

Independent Director Changes

The company appointed Mrs. Anu Ranka (DIN: 11512569) as Additional Director (Non-Executive, Independent) for a five-year term, effective January 29, 2026, subject to shareholder approval. The appointment was made on the recommendation of the Nomination and Remuneration Committee.

Mrs. Anu Ranka is a Bachelor of Commerce graduate from Maharshi Dayanand Saraswati University, Ajmer, with expertise in finance, accounting, and business administration. She possesses practical understanding of corporate governance and compliance matters, expected to provide strategic guidance and independent oversight to strengthen the company's governance framework.

Directorial Tenure Completion

Simultaneously, Mrs. Sushma Ranka (DIN: 07038286) completed her second consecutive term as Non-Executive Independent Director on January 29, 2026. She ceased to be an Independent Director of the company effective January 30, 2026, marking the end of her final term as per regulatory requirements.

Committee Reconstitution

Following these leadership changes, the Board approved immediate reconstitution of three key committees:

• Audit Committee
• Stakeholders Relationship Committee
• Nomination and Remuneration Committee

The company confirmed that Mrs. Anu Ranka satisfies the independence criteria prescribed under the Companies Act, 2013 and SEBI Listing Regulations, and is not debarred from holding directorial positions by any regulatory authority.

Meeting Details

The Board meeting commenced at 4:30 p.m. and concluded at 6:25 p.m. on January 29, 2026. The decisions were communicated to the Bombay Stock Exchange under the company's scrip code 511048, ensuring compliance with disclosure requirements under SEBI regulations.