Svaraj Trading & Agencies Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing a mixed performance with quarterly losses offset by nine-month profitability. The Board of Directors approved these results during their meeting held on February 10, 2026.

Quarterly Performance Analysis

The company's third quarter performance reflected operational challenges, with the following key metrics:

The quarterly results show no revenue from operations during Q3 FY26, similar to the corresponding quarter last year. However, the net loss increased to ₹22.37 lakhs compared to ₹14.53 lakhs in Q3 FY25, primarily due to higher operational expenses.

Nine-Month Performance Highlights

Despite quarterly challenges, the nine-month period demonstrated a remarkable turnaround:

The nine-month results mark a significant operational milestone with the company generating ₹122.34 lakhs in revenue from operations, compared to no operational revenue in the corresponding period last year.

Expense Structure and Cost Management

The company's expense breakdown for Q3 FY26 reveals the following cost structure:

• Employee Benefits Expense: ₹13.16 lakhs (vs ₹10.80 lakhs in Q3 FY25)
• Depreciation and Amortization: ₹4.89 lakhs (vs ₹0.24 lakhs in Q3 FY25)
• Other Expenses: ₹4.32 lakhs (vs ₹3.48 lakhs in Q3 FY25)
• Total Expenses: ₹22.37 lakhs (vs ₹14.53 lakhs in Q3 FY25)

For the nine-month period, total expenses stood at ₹63.04 lakhs compared to ₹46.66 lakhs in the previous year, reflecting increased operational activity and infrastructure investments.

Financial Position and Capital Structure

The company maintains a stable capital structure with:

The equity share capital has remained consistent across all reported periods, indicating no dilution or capital restructuring activities.

Regulatory Compliance and Audit Status

The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013. The unaudited results were reviewed by the Audit Committee and subjected to limited review by statutory auditors G R A M and Associates LLP. The auditors confirmed that nothing came to their attention suggesting material misstatements in the financial results.

The company's transformation from consistent losses to nine-month profitability, coupled with the resumption of operational revenue, indicates potential business recovery despite quarterly volatility. The results demonstrate the company's efforts to rebuild its operational capabilities while managing cost structures effectively.

Svaraj Trading & Agencies Limited has released its unaudited financial results for the quarter and half-year ended September 30, 2025, revealing a mixed performance with a quarterly loss but a half-yearly profit.

Key Financial Highlights

Quarterly Results (Q2 FY2026)

Half-Yearly Results (H1 FY2026)

Quarterly Performance

For the quarter ended September 30, 2025, the company reported:

• Other income of Rs. 0.23 lakhs
• Total expenses of Rs. 20.75 lakhs
• Net loss of Rs. 20.52 lakhs

The loss was primarily attributed to:

• Employee benefits expense: Rs. 11.63 lakhs
• Depreciation and amortization expense: Rs. 4.85 lakhs
• Other expenses: Rs. 4.27 lakhs

The basic earnings per share (EPS) for the quarter stood at negative Rs. 0.14.

Half-Yearly Performance

Despite the quarterly loss, Svaraj Trading & Agencies showed a positive performance for the half-year period, reporting:

• Net profit of Rs. 81.89 lakhs
• Total income of Rs. 122.57 lakhs
• Total expenses of Rs. 40.68 lakhs

This indicates a significant improvement in the company's first-quarter results.

Balance Sheet Highlights

As of September 30, 2025, the company's financial position showed:

Cash Flow and Liquidity

The cash flow statement for the half-year ended September 30, 2025, revealed:

• Net cash flow from operating activities: Rs. 113.89 lakhs
• Net cash flow used in investing activities: Rs. 108.23 lakhs
• Net increase in cash and cash equivalents: Rs. 5.66 lakhs

The company's cash and cash equivalents increased from Rs. 4.98 lakhs at the beginning of the period to Rs. 10.64 lakhs by the end of September 2025.

Management Approval and Auditor's Review

The Board of Directors approved these results at their meeting held on November 13, 2025. The financial statements have been subjected to a limited review by G R A M and Associates LLP, Chartered Accountants, who have not expressed any material misstatements in their report.

Conclusion

While Svaraj Trading & Agencies Limited faced challenges in the recent quarter, resulting in a loss, the overall half-yearly performance shows resilience with a notable profit. The company's ability to maintain profitability and manage expenses effectively in the coming quarters may be of interest to investors and stakeholders.