Kuwer Industries Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing a challenging performance compared to the previous year. The Board of Directors approved these results during their meeting held on February 14, 2026.

Financial Performance Overview

The company's financial performance showed a significant decline across key metrics for both the quarter and nine-month periods.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company's performance continued to show weakness compared to the corresponding period in the previous year.

Expense Structure and Cost Management

The company's expense profile showed mixed trends during the quarter. Cost of materials consumed decreased to ₹959.62 lakh in Q3FY26 from ₹1293.42 lakh in Q3FY25. However, change in inventories increased significantly to ₹256.71 lakh compared to ₹0.18 lakh in the previous year quarter. Finance costs declined to ₹49.65 lakh from ₹62.20 lakh, indicating improved debt management.

Corporate Developments

During the board meeting, directors also approved the appointment of M/s A B N K & Co, Chartered Accountants, New Delhi as the Internal Auditor for FY 2025-26. This appointment is pursuant to Section 138 of the Companies Act, 2013, and will enhance the company's internal audit capabilities.

Capital Structure

The company maintained its paid-up equity share capital at ₹907.61 lakh with a face value of ₹10 per share throughout all reported periods. The earnings per share for Q3FY26 stood at 0.10% compared to 0.58% in Q3FY25, reflecting the decline in profitability.

Regulatory Compliance

The financial results were prepared in accordance with Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013, and Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The results underwent limited review by statutory auditors PVSP & Co, Chartered Accountants, who confirmed compliance with applicable accounting standards.

Kuwer Industries Limited, a New Delhi-based company, has reported a significant increase in net loss for the first quarter of the fiscal year 2026. The company's financial results, approved by the board of directors on August 13, 2025, reveal challenges in profitability despite a slight increase in revenue.

Financial Performance

Kuwer Industries reported a net loss of Rs 161.37 crore for the quarter ended June 30, 2025, nearly doubling from the Rs 81.03 crore loss recorded in the same quarter of the previous year. This widening of losses comes despite a marginal improvement in the company's top line.

Revenue from operations saw a modest increase, rising to Rs 1,407.15 crore from Rs 1,375.60 crore year-over-year, representing a growth of about 2.3%. However, this revenue growth was overshadowed by a substantial rise in expenses.

Expense Analysis

Total expenses for the quarter surged to Rs 1,583.74 crore, primarily driven by:

• Cost of materials consumed: Rs 1,275.66 crore
• Change in inventories: Rs 142.20 crore
• Finance costs: Rs 69.15 crore
• Depreciation and amortization: Rs 50.05 crore

The significant increase in expenses, particularly in the cost of materials and inventory changes, contributed to the expanded loss for the quarter.

Key Financial Metrics

The company's earnings per share (EPS) deteriorated to negative Rs 1.78, compared to negative Rs 0.09 in the same quarter of the previous fiscal year.

Board Meeting and Audit Review

The board meeting, which commenced at 3:00 PM and concluded at 4:30 PM on August 13, 2025, approved these unaudited financial results. The results have been reviewed by the Audit Committee and have undergone a "Limited Review" by the company's statutory auditors.

Segment Information

Kuwer Industries continues to operate in a single business segment, as noted in the company's disclosures. The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) and comply with the regulatory requirements set by SEBI.

Conclusion

As Kuwer Industries faces challenges in its financial performance, investors and stakeholders will be keenly watching the company's strategies to improve profitability and manage expenses in the coming quarters.

Note: All figures are in Indian Rupees (INR) and have been reported as per the company's financial statements.