Rexnord Electronics Reports Q3FY26 Net Loss of ₹164.22 Lakhs Despite Revenue Growth

2 min read     Updated on 05 Feb 2026, 07:59 PM
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Reviewed by
Radhika SScanX News Team
Overview

Rexnord Electronics & Controls Limited announced Q3FY26 results showing a net loss of ₹164.22 lakhs compared to ₹78.54 lakhs profit in Q3FY25, despite strong revenue growth of 23.58% to ₹2,950.39 lakhs. The company was impacted by exceptional items of ₹59.89 lakhs due to new labour codes and received Maharashtra government incentive eligibility certificate for 10-year SGST benefits.

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*this image is generated using AI for illustrative purposes only.

Rexnord Electronics & Controls Limited announced its unaudited financial results for the quarter ended December 31, 2025, following the board meeting held on February 10, 2026. The company reported a standalone net loss of ₹164.22 lakhs compared to a profit of ₹78.54 lakhs in the corresponding quarter of the previous year, marking a significant decline in profitability despite strong revenue growth.

Financial Performance Overview

The company's standalone financial performance for Q3FY26 showed mixed results with revenue growth offset by increased costs and exceptional items:

Metric: Q3FY26 Q3FY25 Change (%)
Revenue: ₹2,950.39 lakhs ₹2,387.44 lakhs +23.58%
Net Loss/Profit: (₹164.22 lakhs) ₹78.54 lakhs -309.01%
Total Income: ₹2,970.47 lakhs ₹2,425.15 lakhs +22.49%
Total Expenses: ₹3,125.95 lakhs ₹2,318.43 lakhs +34.83%
EPS (Basic): (₹1.24) ₹0.63 -296.83%

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, Rexnord showed resilience with positive results despite Q3 challenges:

Parameter: 9M FY26 9M FY25 Variance
Revenue: ₹8,764.11 lakhs ₹7,694.59 lakhs +13.90%
Net Profit: ₹21.52 lakhs ₹396.90 lakhs -94.58%
Total Income: ₹8,830.68 lakhs ₹7,807.88 lakhs +13.10%
EPS (Basic): ₹0.16 ₹3.32 -95.18%

Exceptional Items Impact

The company's Q3FY26 results were significantly affected by exceptional items totaling ₹59.89 lakhs, primarily due to the one-time impact of New Labour Codes implemented by the Government of India effective November 21, 2025. This exceptional charge represents the company's estimated obligation under the consolidated labour legislation framework, including the Code on Wages 2019, Industrial Relations Code 2020, Code on Social Security 2020, and Occupational Safety, Health and Working Conditions Code 2020.

Maharashtra Government Incentive Certificate

Rexnord received significant regulatory approval with an Eligibility Certificate dated November 12, 2025, from the Directorate of Industries, Government of Maharashtra under the Maharashtra Electronics Policy 2016. The certificate details include:

Incentive Details: Specifications
Subsidy Period: 10 years (August 1, 2023 to July 31, 2033)
Benefit Rate: 75% of SGST on eligible products
Investment Cap: ₹1,517.17 lakhs (100% of admissible fixed capital)
Annual Limit: 10% of admissible fixed capital investment
Claims Filed: ₹99.35 lakhs (FY24) and ₹159.99 lakhs (FY25)

The company has filed SGST refund claims totaling ₹259.34 lakhs for the past two financial years on February 3, 2026, though no income has been recognized pending verification by competent authorities.

Consolidated Results

The consolidated financial results, including subsidiary Rexnord Enterprise Private Limited, showed similar trends with a net loss of ₹165.62 lakhs for Q3FY26 compared to a profit of ₹76.44 lakhs in Q3FY25. The consolidated revenue remained identical to standalone figures at ₹2,950.39 lakhs, indicating minimal subsidiary contribution to overall operations.

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Rexnord Electronics Reports Profit Dip in Q2, Approves Office Relocation

1 min read     Updated on 11 Nov 2025, 11:10 PM
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Reviewed by
Shriram SScanX News Team
Overview

Rexnord Electronics & Controls Limited reported a standalone quarterly profit of ₹30.96 crore, down from ₹81.34 crore in the previous quarter. Half-year profit stood at ₹318.36 crore, compared to ₹506.88 crore in the prior year period. Total income for Q2 was ₹2,668.33 crore. The company's Board approved relocation of its registered office within Mumbai, effective November 11, 2025. Consolidated results showed similar trends with a quarterly profit of ₹30.07 crore and half-year profit of ₹318.12 crore.

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*this image is generated using AI for illustrative purposes only.

Rexnord Electronics & Controls Limited , a manufacturer of instrument cooling fans and motors, has announced its unaudited financial results for the quarter and half year ended September 30, 2025, revealing a mixed performance.

Financial Highlights

The company reported a standalone quarterly profit of ₹30.96 crore, down from ₹81.34 crore in the previous quarter. For the half-year, profit stood at ₹318.36 crore, compared to ₹506.88 crore in the prior year period.

Financial Metric Q2 2025 Q1 2025 H1 2025 H1 2024
Quarterly Profit ₹30.96 ₹81.34 - -
Half-Year Profit - - ₹318.36 ₹506.88
Total Income (Q2) ₹2,668.33 - - -

The total income for the quarter was reported at ₹2,668.33 crore.

Office Relocation

The Board of Directors has approved the relocation of the company's registered office. The new address will be:

  • From: 92-D, Govt Ind. Estate, Charkop Kandivli (W), Mumbai - 400 067
  • To: Plot No. A Z MIDC, Road No. 5, Andheri (East), Mumbai - 400 093

This change, which remains within the local limits of Mumbai, will be effective from November 11, 2025.

Consolidated Performance

The consolidated results showed similar trends, with a quarterly profit of ₹30.07 crore and a half-year profit of ₹318.12 crore.

Conclusion

While Rexnord Electronics & Controls Limited faces a challenging quarter with decreased profits, the company is making strategic moves such as office relocation. The full financial results, including the balance sheet and cash flow statement, have been reviewed by the Audit Committee and approved by the Board of Directors. These results are available on the BSE website and the company's official website for detailed scrutiny by interested parties.

Historical Stock Returns for Rexnord Electronics & Controls

1 Day5 Days1 Month6 Months1 Year5 Years
-3.56%-5.63%-7.13%-32.82%-26.20%+115.82%
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