Northlink Fiscal and Capital Services Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing significant operational challenges with widening losses and declining revenue. The Board of Directors approved these results in their meeting held on February 13, 2026, and subsequently published them in newspapers under Regulation 47 of SEBI LODR Regulations.

Financial Performance Overview

The company's financial performance showed deterioration across key metrics during Q3FY26:

Revenue Analysis

The company's revenue from operations declined sharply to ₹3.87 lakh in Q3FY26 from ₹13.11 lakh in Q3FY25. Interest income, which forms the primary revenue source, dropped to ₹3.87 lakh from ₹13.11 lakh year-on-year. Other income contributed ₹0.15 lakh during the quarter, bringing total income to ₹4.02 lakh.

Expense Structure and Profitability

Total expenses increased significantly to ₹54.90 lakh in Q3FY26 from ₹20.81 lakh in Q3FY25. The major expense components included:

The substantial increase in other operating expenses to ₹42.67 lakh from ₹7.21 lakh was the primary driver of the widened loss.

Nine-Month Performance

For the nine months ended December 31, 2025, the company reported a net loss of ₹64.94 lakh compared to ₹40.35 lakh loss in the corresponding period of the previous year. Revenue from operations for the nine-month period stood at ₹18.48 lakh, down from ₹31.99 lakh in the same period last year.

Regulatory Compliance and Publication

Pursuant to Regulation 47 of SEBI LODR Regulations, the company submitted newspaper publications of its unaudited financial results to BSE Limited on February 16, 2026. The results were published in Financial Express (English) and Desh Sewak (Punjabi) dated February 15, 2026. The company maintained its paid-up equity share capital at ₹525.00 lakh with a face value of ₹10.00 per share.

Capital Structure

Reserves excluding revaluation reserve stood at negative ₹86.35 lakh as of December 31, 2025, compared to positive ₹16.54 lakh in the corresponding quarter of the previous year. The unaudited financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) and comply with SEBI regulations. Statutory auditors M/s. Rajiv Rajinder & Co. completed the limited review as required under Regulation 33 of SEBI LODR Regulations.

Northlink Fiscal & Capital Services Limited has announced the appointment of CS Sumita Uppal as Company Secretary and Compliance Officer, marking a key addition to its leadership team. The appointment was approved during a board meeting held on January 6, 2026, and takes effect from the same date.

Board Meeting Details

The company's Board of Directors convened on January 6, 2026, to deliberate on the appointment. The meeting details are outlined below:

Appointee Profile and Qualifications

CS Sumita Uppal brings substantial expertise to her new role at Northlink Fiscal & Capital Services Limited. Her professional credentials and background include:

Regulatory Compliance

The appointment has been made in strict adherence to regulatory requirements. Northlink Fiscal & Capital Services Limited has fulfilled its disclosure obligations under multiple regulatory frameworks:

• Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• SEBI Circular SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123, dated July 13, 2023

The company has designated CS Sumita Uppal as a Key Managerial Person, reflecting the strategic importance of the Company Secretary and Compliance Officer role in the organization's governance structure.

Strategic Significance

The appointment of CS Sumita Uppal as Company Secretary and Compliance Officer represents Northlink Fiscal & Capital Services Limited's commitment to maintaining robust corporate governance standards. Her expertise in SEBI regulations and secretarial matters positions the company to effectively navigate the complex regulatory landscape governing financial services companies. The role encompasses ensuring compliance with listing obligations, disclosure requirements, and maintaining corporate governance best practices.