Monind Limited Completes Newspaper Publication of Q3 FY26 Financial Results
Monind Limited has fulfilled its regulatory obligation by publishing Q3 FY26 financial results in newspapers as required under SEBI regulations. The results show continued operational challenges with net losses of ₹68.41 lacs for the quarter and ₹210.59 lacs for nine months, with zero revenue generation throughout both periods.
*this image is generated using AI for illustrative purposes only.
Monind Limited has announced its unaudited financial results for the quarter ended December 31, 2025, revealing continued operational challenges with widening losses and zero revenue generation. The Board of Directors approved these results during their meeting held on February 13, 2026.
Financial Performance Overview
The company's financial performance for Q3 FY26 showed deteriorating conditions across key metrics:
| Parameter: | Q3 FY26 | Q3 FY25 | Change |
|---|---|---|---|
| Total Income: | ₹0.00 lacs | ₹0.00 lacs | No change |
| Total Expenses: | ₹68.41 lacs | ₹61.80 lacs | +10.7% |
| Net Loss: | ₹68.41 lacs | ₹61.80 lacs | +10.7% |
| Basic EPS: | (₹1.86) | (₹1.68) | -10.7% |
Nine-Month Performance Analysis
The nine-month period ended December 31, 2025, reflected similar trends with increased losses:
| Metric: | 9M FY26 | 9M FY25 | Variance |
|---|---|---|---|
| Total Income: | ₹0.00 lacs | ₹0.00 lacs | No change |
| Total Expenses: | ₹210.59 lacs | ₹188.21 lacs | +11.9% |
| Net Loss: | ₹210.59 lacs | ₹188.21 lacs | +11.9% |
| Basic EPS: | (₹5.72) | (₹5.11) | -11.9% |
Expense Breakdown
The company's expense structure for Q3 FY26 was dominated by finance costs, which represented the largest component:
- Finance Costs: ₹62.92 lacs (increased from ₹55.85 lacs in Q3 FY25)
- Employee Benefits: ₹3.45 lacs (up from ₹3.30 lacs)
- Other Expenses: ₹1.58 lacs (down from ₹1.95 lacs)
- Legal & Professional Fees: ₹0.46 lacs (down from ₹0.63 lacs)
Regulatory Compliance
Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, the company has completed the mandatory newspaper publication of its financial results. The results were published in Financial Express (All Edition, English Daily) and Raj Express (Raipur Edition, Hindi Daily), both dated February 14, 2026.
| Publication Details: | Information |
|---|---|
| English Daily: | Financial Express (All Edition) |
| Hindi Daily: | Raj Express (Raipur Edition) |
| Publication Date: | February 14, 2026 |
| Board Approval Date: | February 13, 2026 |
The published newspapers included Quick Response Code and webpage details where complete financial results are accessible to investors. Company Secretary & Compliance Officer Ritika Ahuja signed the compliance communication to stock exchanges.
Auditor's Concerns
The statutory auditors, O P Bagla & Co LLP, issued an emphasis of matter in their limited review report highlighting significant concerns about the company's financial position. The auditors noted that the company has accumulated losses resulting in erosion of net worth and has incurred net cash losses in the current period and immediately preceding financial year. Additionally, current liabilities exceeded current assets significantly, raising doubts about the company's ability to continue as a going concern.
Corporate Governance
The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors on February 13, 2026. The company maintains its paid-up equity share capital at ₹368.13 lacs across all reported periods. The results comply with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
