Madhur Industries Reports Widening Losses in Q3 FY26 Results
Madhur Industries Limited reported a net loss of ₹14.50 lacs for Q3 FY26 ended December 31, 2025, compared to ₹5.34 lacs loss in Q3 FY25, representing a significant increase in quarterly losses. For the nine-month period, the company's net loss was ₹24.99 lacs versus ₹59.60 lacs in the previous year, showing some improvement. The company's total income declined to ₹3.88 lacs in Q3 FY26 from ₹6.14 lacs in Q3 FY25, while total expenses decreased to ₹9.40 lacs from ₹11.48 lacs.
*this image is generated using AI for illustrative purposes only.
Madhur Industries Limited has announced its unaudited standalone financial results for the third quarter and nine months ended December 31, 2025, revealing continued operational challenges with widening quarterly losses. The Board of Directors approved these results on February 14, 2026, following review by the Audit Committee.
Financial Performance Overview
The company's financial performance shows mixed trends across different time periods. While quarterly losses have increased compared to the previous year, the nine-month performance shows some improvement over the corresponding period.
| Financial Metric | Q3 FY26 | Q3 FY25 | Change | Nine Months FY26 | Nine Months FY25 |
|---|---|---|---|---|---|
| Other Income | ₹3.88 lacs | ₹6.14 lacs | -36.8% | ₹12.17 lacs | ₹601.16 lacs |
| Total Income | ₹3.88 lacs | ₹6.14 lacs | -36.8% | ₹12.17 lacs | ₹601.16 lacs |
| Total Expenses | ₹9.40 lacs | ₹11.48 lacs | -18.1% | ₹21.13 lacs | ₹609.26 lacs |
| Net Loss After Tax | ₹14.50 lacs | ₹5.34 lacs | +171.5% | ₹24.99 lacs | ₹59.60 lacs |
Expense Analysis
The company's expense structure reveals specific cost components driving the overall financial performance. Employee costs remained stable at ₹0.45 lacs for Q3 FY26, unchanged from the previous year quarter. Other expenses constituted the major portion of total costs at ₹8.77 lacs for the quarter, compared to ₹10.03 lacs in Q3 FY25.
Tax Position and Comprehensive Income
The company recorded tax expenses of ₹9.03 lacs for Q3 FY26, primarily due to short provision adjustments from previous periods. Total comprehensive income for the quarter stood at a loss of ₹13.33 lacs, compared to ₹5.34 lacs loss in the corresponding quarter of the previous year.
Share Capital and Earnings Per Share
Madhur Industries maintained its paid-up equity share capital at ₹409.00 lacs with a face value of ₹10.00 per share. The earnings per share metrics reflect the company's loss position:
| EPS Metric | Q3 FY26 | Q3 FY25 | Nine Months FY26 | Nine Months FY25 |
|---|---|---|---|---|
| Basic EPS | ₹(0.36) | ₹(0.13) | ₹(0.61) | ₹(1.46) |
| Diluted EPS | ₹(0.36) | ₹(0.13) | ₹(0.61) | ₹(1.46) |
Regulatory Compliance and Audit
The financial results have been prepared in compliance with Regulation 33 of the SEBI Listing Regulations and Indian Accounting Standards. Statutory auditors SDPM & Co. conducted a limited review of the standalone unaudited financial results and issued an unmodified review report. The auditors confirmed that the results comply with recognition and measurement principles under Indian Accounting Standards and disclosure requirements.
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