Market Creators Limited has announced its unaudited standalone financial results for the quarter ended December 31, 2025, showing a mixed performance with quarterly profit recovery despite year-over-year revenue decline. The Board of Directors approved these results in their meeting held on January 31, 2026, following recommendations from the Audit Committee.

Financial Performance Overview

The company's financial performance for Q3 FY26 demonstrates a notable quarter-over-quarter improvement while facing year-over-year challenges:

Revenue and Income Analysis

Revenue from operations declined to ₹118.59 lakhs in Q3 FY26 from ₹175.69 lakhs in Q3 FY25, representing a significant year-over-year decrease. Other income contributed ₹37.07 lakhs during the quarter, bringing total income to ₹155.66 lakhs. The company's revenue performance shows the impact of market conditions on its operations during the current fiscal year.

Expense Management and Profitability

Total expenses for the quarter amounted to ₹153.18 lakhs, showing improved cost control compared to the previous quarter's ₹183.02 lakhs. The expense breakdown includes:

Nine-Month Performance

For the nine-month period ended December 31, 2025, Market Creators Limited faced operational challenges:

Earnings Per Share and Capital Structure

The company's earnings per share (EPS) for Q3 FY26 stood at ₹0.02 (both basic and diluted), recovering from the previous quarter's negative EPS of ₹(0.23). The paid-up equity share capital remained stable at ₹1,050.00 lakhs with a face value of ₹10.00 per share. For the nine-month period, the EPS was negative at ₹(0.32) compared to positive ₹0.34 in the corresponding period of the previous year.

Board Meeting and Regulatory Compliance

The Board Meeting commenced at 11:30 AM and concluded at 1:00 PM on January 31, 2026. The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and comply with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by MRNP & Co LLP, Chartered Accountants (Firm Registration No: 131809W/W100151), and received approval from the company's Audit Committee before Board approval. The company reported no pending investor complaints at the beginning or end of the quarter.

Market Creators has announced the sad demise of Mr. Jayantilal Harkisondas Shah, who served as the company's Chief Financial Officer (CFO) and Director. The company reported that Mr. Shah passed away on November 23, 2025.

BSE Clarification on Filing Delay

On December 15, 2025, Market Creators submitted a clarification letter to BSE Limited addressing discrepancy remarks received for the corporate announcement filed under Regulation 30 of SEBI (LODR) Regulations, 2015. The BSE had noted that the material event was not disclosed within the mandatory 24-hour timeframe.

Company's Response to Compliance Issue

In its clarification letter, Market Creators explained that the delay occurred due to an inadvertent oversight in the timely filing of the disclosure under applicable provisions. The company emphasized several key points:

• Unintentional Delay: The delay was without any malafide intent
• Immediate Action: Upon becoming aware, the company took immediate corrective steps
• Compliance Commitment: Reaffirmed commitment to full compliance with SEBI regulations
• Internal Controls: Strengthening internal controls to ensure timely compliance going forward

Impact on the Company

In its official statement, Market Creators expressed that Mr. Shah's sudden and unexpected passing represents an irreparable loss to the organization. The company highlighted the significant contributions made by Mr. Shah during his tenure:

Regulatory Compliance Framework

As per Part A of Schedule III of SEBI (LODR) Regulations, 2015, changes in directors and key managerial personnel must be disclosed to stock exchanges within 24 hours of the occurrence of the event. The clarification was signed by Mr. Kalpesh Jayantilal Shah, Director (DIN: 00051760), demonstrating the company's commitment to addressing regulatory concerns promptly.

This development underscores the importance of timely regulatory compliance in corporate governance and the potential scrutiny companies face for delayed disclosures, even in sensitive circumstances such as the death of key personnel.