SER Industries Limited has announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, showcasing strong performance with significant improvement in profitability. The results were approved by the board of directors during their meeting held on February 14, 2026, in compliance with Regulation 33 of the SEBI Listing Regulations.

Financial Performance Overview

The company demonstrated robust financial performance during the third quarter of FY26, with notable improvements across key metrics compared to the previous year. The comprehensive financial results show strong operational efficiency and improved profitability.

Quarterly Results Analysis

For the quarter ended December 31, 2025, SER Industries reported a net profit of ₹21.61 lakhs, marking a substantial increase from ₹10.90 lakhs in the corresponding quarter of the previous year. The company's total revenue for the quarter reached ₹33.14 lakhs, driven primarily by other income of ₹22.84 lakhs, which showed remarkable growth from ₹1.58 lakhs in Q3 FY25.

Nine-Month Performance

The nine-month period ending December 31, 2025, showcased an impressive turnaround, with the company achieving a net profit of ₹39.48 lakhs compared to a loss of ₹7.18 lakhs in the same period of the previous year. This represents a significant improvement in the company's operational efficiency and financial management.

Expense Management and Tax Structure

Total expenses for Q3 FY26 were well-controlled at ₹5.97 lakhs, compared to ₹5.25 lakhs in the previous year quarter. The company reported a profit before tax of ₹27.17 lakhs for Q3 FY26, with current tax expenses of ₹5.56 lakhs.

Earnings Per Share and Capital Structure

The company's earnings per share (EPS) for Q3 FY26 stood at ₹2.17 (both basic and diluted), compared to ₹1.10 in the corresponding quarter of the previous year. For the nine-month period, EPS reached ₹3.97 compared to a loss per share of ₹0.72 in the previous year. The paid-up equity share capital remained stable at ₹99.46 lakhs with a face value of ₹10 per share.

Regulatory Compliance and Audit

The financial results were reviewed by the company's audit committee and approved by the board of directors in compliance with Regulation 30 and 33 of the SEBI Listing Regulations. ANKH & Associates, the company's statutory auditor, provided an unmodified limited review report on the unaudited standalone financial results. The board meeting commenced at 1:00 p.m. IST and concluded at 2:00 p.m. IST on February 14, 2026. The company trades on BSE with scrip code 507984 and trading symbol SERIND.

Seya Industries Ltd, operating under Corporate Insolvency Resolution Process (CIRP), has submitted its unaudited standalone financial results for the quarter and nine months ended December 31, 2025. The specialty chemical intermediates company showed mixed performance with quarterly losses narrowing but nine-month losses widening compared to the previous year.

Financial Performance Overview

The company's financial performance for Q3FY26 showed some improvement at the quarterly level but deterioration over the nine-month period:

Revenue and Income Analysis

Seya Industries recorded total income of ₹381.00 lakh in Q3FY26, representing a 12.5% increase from ₹338.59 lakh in Q3FY25. The company's income structure reveals complete dependence on other income, with no revenue from operations during the quarter. For the nine-month period, total income declined to ₹1,284.00 lakh from ₹1,432.29 lakh in the previous year, marking a 10.4% decrease.

Expense Management

Total expenses for Q3FY26 decreased to ₹494.26 lakh from ₹534.06 lakh in Q3FY25, showing the company's cost control efforts:

Depreciation and amortization expenses remained the largest cost component at ₹444.91 lakh for the quarter, while employee benefit expenses showed significant reduction to ₹31.24 lakh from ₹51.24 lakh in the previous year.

Corporate Insolvency Resolution Process Status

The company continues to operate under CIRP following an order dated November 2, 2023, by the National Company Law Tribunal, Mumbai. The Corporate Insolvency Resolution Process was initiated based on a Section 7 application filed by a financial creditor. Bhavesh Mansukhbhai Rathod serves as the Interim Resolution Professional, with powers of the Board of Directors currently suspended.

The financial results were approved by an Independent Committee constituted by the IRP and subsequently approved by the IRP on February 13, 2026. The results comply with Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Business Operations and Outlook

Seya Industries operates in the specialty chemical intermediates segment as its single reportable business segment. The company faces ongoing legal disputes with certain lenders regarding credit facility classifications and has not provided for interest costs on loans during the reporting period due to these disputes.

The financial statements indicate that the company has not charged or provided for significant interest amounts on borrowings, with unprovided interest costs mentioned for both operating and project assets during the reporting period.