Salora International Reports Q3 FY26 Financial Results with Increased Losses
Salora International Limited reported deteriorated Q3 FY26 results with net loss increasing to ₹49.34 lacs from ₹33.21 lacs in Q3 FY25. Revenue from operations declined significantly by 60.46% to ₹1,644.49 lacs. Nine-month performance also remained challenging with revenue dropping 49.27% to ₹4,995.95 lacs and net loss widening to ₹120.90 lacs. The company maintains deferred tax assets of ₹2,258.22 lacs and expects gradual recovery through enhanced product portfolio and improved operational efficiency.
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Salora International Limited has announced its unaudited financial results for the quarter ended December 31, 2025, revealing challenging operational performance with increased losses and declining revenue. The Board of Directors approved these results during their 306th meeting held on February 7, 2026, with the statutory auditors providing an unmodified opinion on the financial statements.
Financial Performance Overview
The company's financial performance showed significant deterioration across key metrics during the third quarter of fiscal year 2026. The results reflect ongoing operational challenges and reduced business activity compared to the previous year.
| Metric | Q3 FY26 | Q3 FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹1,644.49 lacs | ₹4,160.00 lacs | -60.46% |
| Total Income | ₹1,649.52 lacs | ₹4,213.88 lacs | -60.85% |
| Net Loss | ₹49.34 lacs | ₹33.21 lacs | +48.58% |
| Earnings Per Share | ₹(0.56) | ₹(0.38) | -47.37% |
Operational Expenses and Cost Structure
Total expenses for the quarter amounted to ₹1,713.03 lacs compared to ₹4,248.36 lacs in Q3 FY25. The major expense components included purchases of stock in trade at ₹1,323.06 lacs, employee benefits expense of ₹44.60 lacs, and finance costs of ₹37.43 lacs. Changes in inventories showed a positive impact of ₹200.05 lacs during the quarter.
Nine-Month Performance Analysis
For the nine months ended December 31, 2025, Salora International's performance remained under pressure with revenue declining significantly year-over-year.
| Parameter | 9M FY26 | 9M FY25 | Variance |
|---|---|---|---|
| Revenue from Operations | ₹4,995.95 lacs | ₹9,848.50 lacs | -49.27% |
| Net Loss | ₹120.90 lacs | ₹111.98 lacs | +7.97% |
| Total Comprehensive Loss | ₹123.14 lacs | ₹111.70 lacs | +10.25% |
Key Financial Highlights
The company maintained its paid-up equity share capital at ₹880.73 lacs with a face value of ₹10 per share. Other income for the quarter stood at ₹5.03 lacs compared to ₹32.85 lacs in the previous year. The company reported deferred tax assets of ₹2,258.22 lacs as of December 31, 2025, which management expects to realize based on enhanced product portfolio and new business strategy.
Related Party Transactions
During the nine-month period, the company conducted transactions with Devi Electronics Pvt. Ltd., including sale of finished goods worth ₹909.71 lacs, expenses/payments on their behalf amounting to ₹0.30 lacs, and rent income of ₹0.95 lacs. These transactions were certified to be conducted in the ordinary course of business at arm's length pricing.
Regulatory and Compliance Updates
The company's financial results received an unmodified opinion from statutory auditors O P Bagla & Co LLP. The results were prepared in accordance with Indian Accounting Standard 34 for interim financial reporting. Additionally, the company noted that the New Labour Codes became effective from November 21, 2025, with minimal incremental impact on the financial results for the current period.
Historical Stock Returns for Salora International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.80% | -2.80% | -9.57% | -19.92% | -45.63% | +31.86% |
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