Sreechem resins Limited has announced its standalone unaudited financial results for the quarter and nine months ended December 31, 2025, revealing continued operational challenges with widening losses despite some positive developments in inventory management.

Financial Performance Overview

The company reported a net loss of ₹55.02 lakhs for Q3FY26, representing a significant increase from the ₹33.19 lakhs loss recorded in Q3FY25. This deterioration in profitability occurred alongside a substantial decline in revenue performance.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, Sreechem Resins recorded a net loss of ₹125.41 lakhs compared to ₹90.56 lakhs in the corresponding period of the previous year. Revenue from operations for the nine-month period stood at ₹2,191.73 lakhs, down from ₹2,667.01 lakhs in the same period last year.

Cost Structure and Operational Metrics

The company's cost management showed mixed results during the quarter. Material consumption costs decreased to ₹456.35 lakhs in Q3FY26 from ₹729.24 lakhs in Q3FY25. However, the company incurred ₹63.45 lakhs in stock-in-trade purchases during the current quarter, which was absent in the previous year's corresponding quarter.

Employee benefit expenses remained relatively stable at ₹90.86 lakhs compared to ₹85.40 lakhs in Q3FY25. Finance costs showed improvement, declining to ₹4.17 lakhs from ₹8.77 lakhs year-on-year, indicating better debt management.

Inventory Management Improvements

A notable positive development was the company's inventory management performance. Changes in inventories of finished goods, stock-in-trade, and work in progress contributed positively by ₹5.62 lakhs in Q3FY26, compared to a negative impact of ₹16.32 lakhs in Q3FY25. For the nine-month period, this improvement was even more pronounced, with a positive contribution of ₹67.11 lakhs compared to a negative ₹8.93 lakhs in the previous year.

Board Approval and Compliance

The Board of Directors approved these unaudited financial results in their meeting held on February 5, 2026, from 16:00 hrs to 16:45 hrs. The results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by the Audit Committee. The statutory auditors R.C. Jhawer & Co. conducted a limited review of the results as required under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company operates in a single business segment and maintains no outstanding defaults on loans or debt securities as of the reporting date.

Sreechem Resins Limited has issued a clarification regarding its upcoming board meeting scheduled to consider the company's unaudited financial results for the third quarter of fiscal year 2026. The company confirmed that the board meeting will be held on February 05, 2026, at 04.00 PM at the corporate office, addressing an inadvertent error in the earlier filing.

Clarification Notice Details

On February 03, 2026, the company submitted a clarification to BSE Limited regarding the board meeting notice that was originally filed on January 28, 2026. The clarification was signed by Vikram Kabra, Wholetime Director (DIN: 00746232), who acknowledged that due to an inadvertent human error, the date of the board meeting was incorrectly selected as February 04, 2026 at certain places while filing the intimation on the BSE Listing Portal.

Original Board Meeting Notice

The company had initially notified BSE Limited about the board meeting on January 28, 2026, in compliance with Regulation 29(1)(a) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is scheduled to consider, approve and take on record the unaudited financial results for the quarter and nine months ended December 31, 2025.

Trading Window Restrictions Continue

The company has maintained its trading window closure that was initially announced on December 27, 2025. In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal "Code of Conduct for Internal Procedures and to Regulate, Monitor and Report Trading by Insiders," the trading window will remain closed until 48 hours after the declaration of the unaudited financial results.

Compliance and Stakeholder Advisory

Sreechem Resins Limited has advised all covered persons under its insider trading code to refrain from dealing in company securities during the restricted period. The advisory applies to promoters, directors, designated employees, and all persons covered under the company's insider trading code. The company has requested all stakeholders to take the clarified meeting date on record and regretted the inadvertent error in the original filing.