Sharp India Limited has published its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing continued operational challenges with significant losses across all reporting periods. The company announced these results through newspaper publications in Financial Express and Lokmat on February 11, 2026, in compliance with SEBI regulations.

Financial Performance Overview

The company's financial performance for Q3FY26 shows persistent challenges across key metrics:

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, Sharp India's financial position remained challenging:

Operational Status and Going Concern Issues

Sharp India has faced significant operational disruptions, with no production of LED TVs since April 2015 and air conditioners since June 2015 due to absence of orders. The company's accumulated losses have reached ₹18,508.62 lakhs as of December 31, 2025, resulting in complete erosion of net worth.

Management has adopted a 'not going concern' basis for financial reporting from the quarter ended September 30, 2025, onwards. This accounting treatment requires measuring assets at the lower of estimated net realizable value and carrying amount, while liabilities are valued at settlement amounts.

Support from Parent Company

Despite operational challenges, Sharp Corporation, Japan, the majority shareholder and holding company, continues to provide financial and operational support. The parent company has issued a letter of support confirming its commitment to extend assistance until at least December 31, 2026.

Capital Structure

The company maintains a paid-up equity share capital of ₹2,594.40 lakhs with a face value of ₹10 per share. However, reserves have declined significantly to negative ₹16,175.66 lakhs as of December 31, 2025, compared to negative ₹15,607.53 lakhs in the previous quarter.

Regulatory Compliance

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors on February 10, 2026. The results comply with Companies (Indian Accounting Standards) Rules, 2015, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Managing Director Makarand Date signed off on the results, emphasizing the company's commitment to transparent financial reporting despite operational challenges.

Sharp India Limited has announced that its Board of Directors will convene on February 10, 2026, to review and approve the company's quarterly financial performance. The meeting represents a key milestone in the company's regulatory compliance and financial reporting schedule.

Board Meeting Details

The board meeting has been scheduled to take place through video conference format, reflecting modern corporate governance practices. The primary agenda focuses on the consideration and approval of unaudited financial results for a specific reporting period.

Regulatory Compliance

The announcement has been made in strict adherence to SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, particularly under Regulation 29(1). This regulation mandates listed companies to provide advance notice of board meetings where financial results will be considered.

Sharp India Limited has formally communicated this information to BSE Limited, where the company's shares are listed under script code 523449. The notification ensures transparency and keeps stakeholders informed about important corporate developments.

Corporate Communication

The official communication was signed by Company Secretary Chandranil Belvalkar (Membership No- A24015) and dated February 2, 2026. This advance notice provides stakeholders with adequate time to prepare for the upcoming financial results announcement.

The company maintains its registered office and factory at Gat.no. 686/4, Koregaon Bhima, Tal. Shirur District, Pune, and operates under CIN L36759MH1985PLC036759. The formal notification process demonstrates the company's commitment to maintaining proper corporate governance standards and regulatory compliance.