Modulux Construction Technologies Limited has released its unaudited financial results for the third quarter of fiscal year 2026, demonstrating notable revenue growth in its standalone operations while continuing to face profitability challenges. The company's financial performance for the quarter ended December 31, 2025, reflects mixed operational outcomes across its business segments.

Standalone Financial Performance

The company's standalone operations showed remarkable revenue improvement during the quarter. Total income from operations reached ₹71.62 lakhs in Q3FY26, representing a significant increase from ₹4.30 lakhs recorded in the corresponding quarter of the previous year.

Despite the revenue growth, the company reported a net loss of ₹8.70 lakhs for the quarter, though this represents a substantial improvement from the ₹44.35 lakhs loss in Q3FY25. Total expenses for the quarter stood at ₹80.32 lakhs, compared to ₹48.65 lakhs in the previous year.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Modulux Construction's standalone operations generated total income of ₹169.72 lakhs. The company incurred total expenses of ₹221.54 lakhs during this period, resulting in a net loss of ₹51.82 lakhs. The earnings per share for the nine-month period was ₹(0.07).

Consolidated Results Overview

The consolidated financial results presented a contrasting picture, with total income from operations of ₹0.75 lakhs for Q3FY26, compared to ₹0.21 lakhs in the corresponding quarter of the previous year. However, the consolidated operations reported significantly higher expenses of ₹448.27 lakhs, leading to a substantial net loss of ₹447.52 lakhs for the quarter.

Corporate Governance and Compliance

The unaudited financial results were reviewed by the Audit Committee on February 10, 2026, and subsequently approved by the Board of Directors at their meeting held on February 11, 2026. The statutory auditors conducted a limited review of these results, ensuring compliance with regulatory requirements.

The company maintained its equity share capital at ₹6,920.18 lakhs throughout the reporting periods. The financial results were published in Financial Express (all editions in English) and Lokmanthan, Pune (in Marathi) on February 13, 2026, in compliance with SEBI regulations. The results are also available on the company's website at www.modulex.in and have been filed with BSE Limited under the prescribed regulatory framework.

Modulex Construction Technologies Limited has successfully concluded its postal ballot process, with shareholders approving both proposed resolutions through remote e-voting that ended on December 17, 2025. The company announced the results on December 18, 2025, marking the completion of significant corporate actions initially proposed in November.

Postal Ballot Results Overview

The remote e-voting period commenced at 9:00 AM IST on November 18, 2025, and concluded at 5:00 PM IST on December 17, 2025. The voting results were scrutinized by Dharmesh Zaveri of D.M. Zaveri Co., Company Secretaries, who served as the appointed scrutinizer for the process.

Resolution 1: Director Appointment Approved

Shareholders overwhelmingly approved the appointment of Mrs. Sudha Prajapati (DIN: 01387259) as a Non-Executive Independent Director. The resolution received strong support across all categories of shareholders.

Resolution 2: Preferential Share Issue Approved

The second resolution for issuing equity shares to promoter and non-promoter categories on a preferential basis also received approval. This resolution was passed as a special resolution with requisite majority support.

Strategic Implications

The approval of these resolutions enables Modulex Construction Technologies to proceed with its planned corporate restructuring. The preferential share issue, involving 19,22,512 equity shares at ₹25.00 per share, will facilitate the company's acquisition of an additional 16.22% stake in Give Vinduet Windows and Doors Private Limited, increasing its holding from 83.75% to 99.97%.

Compliance and Documentation

The postal ballot process was conducted in accordance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Companies Act, 2013. Central Depository Services Limited (CDSL) provided the remote e-voting facility, ensuring a transparent and efficient voting process for all eligible shareholders.