PAOS Industries Limited has announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, showing a significant shift from profitability to losses despite revenue growth. The Board of Directors approved these results in their meeting held on February 14, 2026, following review by the Audit Committee.

Financial Performance Overview

The company's financial performance for the quarter presents a mixed picture with revenue growth accompanied by substantial losses.

Nine-Month Performance Analysis

The nine-month period ended December 31, 2025, also reflects the company's challenging operational environment compared to the previous year.

Cost Structure and Expenses

The company's expense structure reveals significant increases in key cost components. Cost of material consumed stood at ₹1,993.40 lakhs in Q3 FY26 compared to ₹1,310.86 lakhs in Q3 FY25. Employee benefits expense increased to ₹215.04 lakhs from ₹205.64 lakhs, while finance costs rose to ₹62.29 lakhs from ₹50.80 lakhs in the corresponding quarter.

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors on February 14, 2026. The board meeting commenced at 11:00 AM and concluded at 11:55 AM. M/s P.C. Goyal & Co., Chartered Accountants, the company's statutory auditors, provided a limited review report on the unaudited standalone financial results.

Share Capital and Equity Information

PAOS Industries maintains a paid-up equity share capital of ₹610.36 lakhs with 61,03,600 equity shares of face value ₹10 each. The company's other equity stood at ₹(2,196.35) lakhs as of December 31, 2025. The diluted earnings per share for Q3 FY26 was ₹(0.88) compared to ₹0.17 in the previous year's corresponding quarter.

ASI Industries Limited has entered into a strategic partnership for captive solar power generation, announcing an investment of ₹182.40 lakhs in Sunsure Solarpark Fifty Two Private Limited (SSFTPL). The company disclosed this development through a regulatory filing dated February 10, 2026, in compliance with SEBI listing regulations.

Power Purchase Agreement and Investment Structure

The investment stems from a comprehensive power purchase agreement signed on February 9, 2026, between ASI Industries and SSFTPL. Under this arrangement, SSFTPL will serve as the solar power producer and generator, supplying power to ASI Industries as a captive user.

Solar Power Project Specifications

SSFTPL is developing a solar power project at Mundasar, Rajasthan, with significant generation capacity. The project is designed to supply power to captive users on a long-term basis, providing sustainable energy solutions.

Investment Timeline and Compliance

The investment will be executed in two phases to align with project development milestones. The first tranche of ₹18.24 lakhs is scheduled within 30 days from the agreement signing date, while the second tranche of ₹164.16 lakhs will be paid 45 days prior to the anticipated commercial operation date of the solar plant.

This investment structure ensures ASI Industries meets captive requirements under electricity laws, which mandate that captive shareholders hold not less than 26% of the share capital collectively and consume the solar energy generated from the project in accordance with applicable captive requirements.

Target Company Background

Sunsure Solarpark Fifty Two Private Limited was incorporated on June 25, 2025, and is currently in the project development phase. As a newly incorporated entity, SSFTPL has not yet commenced commercial operations and reports no historical turnover. The company operates within India's renewable energy sector, focusing specifically on solar power generation for captive consumption.

The transaction does not constitute a related party transaction, and no promoter or group companies of ASI Industries have any interest in SSFTPL. This strategic investment represents ASI Industries' commitment to sustainable energy solutions and long-term power security for its operations.