News Earnings Pioneer Agro Extracts Reports Q3 FY26 Loss of Rs 58.01 Lakhs Against Prior Year ProfitPioneer Agro Extracts Reports Q3 FY26 Loss of Rs 58.01 Lakhs Against Prior Year Profit
Pioneer Agro Extracts Limited reported a net loss of Rs 58.01 lakhs for Q3 FY26 compared to a profit of Rs 3.52 lakhs in Q3 FY25, primarily due to zero operational revenue and surge in expenses to Rs 61.52 lakhs. For the nine-month period, the company posted a loss of Rs 58.49 lakhs against a profit of Rs 9.36 lakhs in the previous year, with total expenses increasing significantly to Rs 80.92 lakhs.
*this image is generated using AI for illustrative purposes only.
Pioneer Agro Extracts Limited has reported a substantial quarterly loss, marking a significant deterioration in financial performance compared to the previous year. The company's Board of Directors approved the unaudited financial results for the quarter ended December 31, 2025, during a meeting held on February 2, 2026.
Financial Performance Overview
The company's financial metrics reveal a challenging quarter with zero operational revenue and mounting expenses leading to substantial losses.
| Metric | Q3 FY26 | Q3 FY25 | Change |
|---|---|---|---|
| Revenue from Operations | Rs 0.00 lakhs | Rs 0.00 lakhs | No change |
| Other Income | Rs 3.51 lakhs | Rs 11.07 lakhs | -68.29% |
| Total Revenue | Rs 3.51 lakhs | Rs 11.07 lakhs | -68.29% |
| Total Expenses | Rs 61.52 lakhs | Rs 7.55 lakhs | +714.83% |
| Net Profit/(Loss) | Rs (58.01) lakhs | Rs 3.52 lakhs | Loss |
Expense Analysis
The company's expense structure showed significant changes during the quarter, with total expenses reaching Rs 61.52 lakhs compared to Rs 7.55 lakhs in the corresponding quarter last year.
Key expense components included:
- Depreciation and amortisation expense: Rs 33.42 lakhs (compared to Rs 0.32 lakhs in Q3 FY25)
- Other expenditure: Rs 23.36 lakhs (compared to Rs 2.78 lakhs in Q3 FY25)
- Employee benefits expense: Rs 4.74 lakhs (compared to Rs 4.44 lakhs in Q3 FY25)
- Cost of material consumed: Rs 0.00 lakhs
- Finance costs: Rs 0.00 lakhs
Nine-Month Performance
For the nine months ended December 31, 2025, Pioneer Agro Extracts reported a net loss of Rs 58.49 lakhs compared to a profit of Rs 9.36 lakhs in the corresponding period of the previous year.
| Parameter | 9M FY26 | 9M FY25 | Change |
|---|---|---|---|
| Total Revenue | Rs 22.43 lakhs | Rs 31.82 lakhs | -29.49% |
| Total Expenses | Rs 80.92 lakhs | Rs 22.46 lakhs | +260.33% |
| Net Loss | Rs (58.49) lakhs | Rs 9.36 lakhs | Loss |
Share Capital and Earnings
The company maintained its paid-up equity share capital at Rs 435.85 lakhs with a face value of Rs 10 per share. Other equity stood at Rs 29.89 lakhs for the nine-month period. Earnings per share for the quarter was Rs 0.00 (not annualised) compared to Rs 0.08 in Q3 FY25.
Regulatory Compliance
The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and approved by the Audit Committee before being taken on record by the Board of Directors. The statutory auditors, Piyush Mahajan & Associates, conducted a limited review of the unaudited financial results in compliance with SEBI regulations.
15
