Rexnord Electronics Reports Q3FY26 Net Loss of ₹164.22 Lakhs Despite Revenue Growth
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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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.
Historical Stock Returns for Rexnord Electronics & Controls
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.56% | -5.63% | -7.13% | -32.82% | -26.20% | +115.82% |




























