Sibar Auto Parts Ltd has announced its unaudited financial results for the third quarter ended December 31, 2025, showing mixed performance with revenue growth but increased losses. The Board of Directors approved these results on February 13, 2026, in compliance with Regulation 33 of SEBI (LODR) Regulations, 2015.

Financial Performance Overview

The company reported a net loss of ₹23.28 lakhs for Q3FY26, significantly higher than the ₹7.24 lakhs loss recorded in Q3FY25. Despite the increased losses, the company demonstrated strong revenue growth during the quarter.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Sibar Auto Parts showed substantial revenue growth while maintaining similar loss levels compared to the previous year.

Cost Structure and Operational Metrics

The company's cost structure showed significant variations during Q3FY26. Cost of materials consumed increased to ₹507.69 lakhs from ₹331.15 lakhs in Q3FY25, representing a substantial 53.28% increase. However, the company benefited from a positive change in inventories of ₹109.80 lakhs compared to an increase of ₹19.64 lakhs in the previous year.

Employee benefits expense rose to ₹118.36 lakhs from ₹92.72 lakhs, while finance costs decreased significantly to ₹1.87 lakhs from ₹6.25 lakhs in Q3FY25. Other expenditure increased to ₹120.00 lakhs from ₹107.46 lakhs in the corresponding quarter.

Regulatory Compliance and Audit

The financial results were reviewed by statutory auditors Chunduru & Co, Chartered Accountants, who conducted a limited review as per Standard on Review Engagements (SRE) 2410. The auditors confirmed that the unaudited financial results comply with applicable Indian Accounting Standards and SEBI regulations.

The company operates as a single segment business, hence segment-wise information was not provided as per Ind AS 108 'Operating Segments'. All revenue figures are presented net of Goods and Service Tax (GST) in accordance with Indian Accounting Standards.

Key Financial Highlights

Despite the challenging profitability scenario, the company demonstrated resilience in revenue generation:

• Revenue growth of 11.63% in Q3FY26 and 25.20% for nine months
• Significant reduction in finance costs from ₹6.25 lakhs to ₹1.87 lakhs in Q3
• Positive inventory management with favorable changes in finished goods
• Maintained operational efficiency despite increased material costs

The results reflect the company's ongoing efforts to navigate market challenges while focusing on revenue expansion and cost optimization strategies.

Sibar Auto Parts Limited , a prominent player in the automotive components industry, has made several significant announcements following its recent board meeting. The company has approved its unaudited financial results for the first quarter ended June 30, 2025, and scheduled its 42nd Annual General Meeting (AGM) for September 27, 2025.

Financial Performance

For the quarter ended June 30, 2025, Sibar Auto Parts reported:

The company's revenue from operations showed a significant year-on-year increase of 27% compared to the same quarter last year. However, Sibar Auto Parts reported a net loss of ₹14.09 lakhs for Q1 FY2026, which is an improvement from the ₹30.26 lakhs loss in Q1 FY2025.

Annual General Meeting

The 42nd AGM is scheduled for September 27, 2025. In line with the ongoing trend of digital meetings, Sibar Auto Parts will conduct the AGM through video conferencing or other audio-visual means, adhering to the guidelines issued by the Ministry of Corporate Affairs.

Leadership Changes and Appointments

The board has approved several key changes in the company's leadership and auditing structure:

1. Reappointment of Whole-Time Director: Mr. Pemmasani Madhu Pratap has been reappointed as Whole-Time Director for another term of three years. Mr. Pratap is the brother of Mr. Pemmasani Ravichandra, the Managing Director of the company.

2. New Secretarial Auditor: M/s. P S Rao & Associates, Company Secretaries, have been appointed as the Secretarial Auditor for a period of five years. The firm brings over two decades of experience in secretarial audits, corporate laws, and securities laws.

3. Change in Statutory Auditors: The board accepted the resignation of M/s. P. Lakshmana Rao & Co as Statutory Auditors, citing personal obligations. M/s. Chunduru & Co, Chartered Accountants, have been appointed as the new Statutory Auditors. The new firm boasts more than two decades of experience in audit, assurance, taxation, and corporate advisory services.

These changes in the company's auditing structure are expected to bring fresh perspectives and expertise to Sibar Auto Parts' financial and regulatory compliance processes.

The management of Sibar Auto Parts continues to navigate through challenging market conditions, as evidenced by the financial results. While the company has managed to increase its revenue compared to the previous year, it still faces profitability challenges. The leadership changes and upcoming AGM may provide opportunities for the company to discuss strategies for improving its financial performance in the coming quarters.