Patels Airtemp (India) Limited has announced its unaudited financial results for the third quarter of FY26 ended December 31, 2025, alongside significant corporate governance developments. The company reported mixed performance with changes in profitability while maintaining operational stability.

Financial Performance Overview

The company's Q3FY26 financial results show varied performance across key metrics compared to the corresponding period last year.

Total expenses for the quarter stood at ₹5,675.74 lakhs compared to ₹8,401.19 lakhs in Q3FY25. The company maintained its equity share capital at ₹547.02 lakhs throughout the reporting periods.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Patels Airtemp demonstrated performance metrics across various parameters.

The company's cost structure included materials consumed at ₹8,890.65 lakhs, employee benefits expense of ₹1,170.99 lakhs, and other expenses totaling ₹4,496.27 lakhs for the nine-month period.

Leadership Re-appointment

The Board of Directors approved the re-appointment of Mr. Sanjivkumar N. Patel as Managing Director, designated as Chairman & Managing Director, for a three-year term from May 20, 2026, to May 19, 2029.

Mr. Patel holds an Engineering degree in Chemical Engineering and an MBA from the USA. He has been associated with the company since 2009, serving as Whole-time Director from 2009 to 2015 and as Managing Director since 2015. He became Chairman of the company on November 9, 2023. His appointment is subject to shareholder approval through a special resolution via postal ballot.

Corporate Compliance and Governance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on February 14, 2026. The statutory auditors conducted a limited review of the unaudited financial results. The company operates with one reportable segment and has prepared its results in accordance with Indian Accounting Standards (Ind AS) as prescribed under the Companies Act, 2013.

The company has considered the impact of new labor codes implemented from November 21, 2025, recognizing appropriate expenses in the current quarter. Further assessment of impacts from the new labor codes will be undertaken upon notification of rules by appropriate authorities.

Patels Airtemp (India) Limited has announced that its Board of Directors will convene on February 14, 2026, to review and approve the company's quarterly financial performance. The meeting represents a key milestone in the company's regulatory compliance and investor communication process.

Board Meeting Details

The board meeting has been scheduled with specific parameters to ensure proper governance and transparency:

Financial Results Coverage

The board will deliberate on the company's financial performance for two distinct periods:

• Quarter ended December 31, 2025 (Q3FY26)
• Nine months ended December 31, 2025

These unaudited financial results will provide stakeholders with insights into the company's operational and financial performance during the specified periods.

Trading Window Restrictions

In accordance with regulatory requirements, Patels Airtemp has implemented trading window restrictions to maintain market integrity:

The trading window closure aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct for Insider Trading.

Regulatory Compliance

The announcement has been made pursuant to Regulation 29 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Nikhil M. Patel has signed the official communication, ensuring proper documentation and regulatory adherence.

The company trades on BSE Limited under scrip code 517417 with the script name PATELSAI and ISIN INE082C01024. This scheduled board meeting demonstrates the company's commitment to maintaining transparent communication with its stakeholders and adhering to prescribed regulatory timelines.