Synthiko Foils Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing a challenging operational period marked by revenue decline and operational restructuring. The Board of Directors approved these results at their meeting held on February 12, 2026, which commenced at 7:00 P.M. (IST) and concluded at 8:30 P.M. (IST).

Financial Performance Overview

The company's standalone financial performance showed a marked deterioration in the third quarter of FY26. Synthiko Foils reported zero revenue from operations in Q3 FY26, a significant decline from ₹499.41 lakhs recorded in the corresponding quarter of the previous year.

Nine-Month Performance Analysis

Despite the quarterly challenges, the nine-month performance presented a different picture due to an exceptional item. For the nine months ended December 31, 2025, Synthiko Foils reported a standalone net profit of ₹186.76 lakhs compared to ₹36.96 lakhs in the corresponding period of the previous year.

Leadership Appointment

The Board of Directors approved the appointment of Mr. Rajdeep Kishor Gajjar as Chief Financial Officer and Key Managerial Personnel with effect from February 12, 2026. Mr. Gajjar is a qualified Chartered Accountant with a Master's degree in commerce and brings over a decade of experience in financial planning, taxation, accounts, and internal control frameworks.

Strategic Acquisitions and Corporate Actions

Synthiko Foils completed two significant acquisitions during the period. The company acquired 2,13,641 equity shares representing 100% of DC&T Global Private Limited through a share swap arrangement effective December 24, 2025. In consideration, the company allotted 1,36,08,849 equity shares at ₹769.16 per share, aggregating to ₹1,046.73 crore.

Additionally, the company acquired 1,00,000 equity shares representing 99% of BESS Limited's paid-up share capital pursuant to an agreement dated June 24, 2025.

Consolidated Results Impact

The consolidated financial results reflected the impact of these acquisitions. The consolidated net loss for Q3 FY26 was ₹121.78 lakhs compared to a profit of ₹3.07 lakhs in Q3 FY25. The consolidated results included subsidiaries DC&T Global Private Limited and BESS Limited from their respective acquisition dates.

Share Capital Restructuring

The company completed a share consolidation approved by shareholders, converting every two equity shares of ₹5 each into one equity share of ₹10 each. Post the share swap arrangement, the total number of equity shares increased to 1,44,78,849 as of December 31, 2025, compared to 87,00,000 shares in the previous year.