Triveni Glass Limited Reports Q3FY26 Loss and Approves Director Reappointment
Triveni Glass Limited reported a net loss of ₹16.59 lakhs in Q3FY26 versus a profit of ₹17.99 lakhs in Q3FY25, with total income from operations declining 90.37% to ₹7.24 lakhs. The nine-month period showed a loss of ₹47.83 lakhs compared to a profit of ₹22.98 lakhs previously. The board approved reappointment of Smt Manju Agarwal as Independent Director for a second five-year term from March 2026 to March 2031, subject to shareholder approval.
*this image is generated using AI for illustrative purposes only.
Triveni Glass Limited announced its unaudited financial results for the quarter ended December 31, 2025, revealing challenging operational performance. The company's board meeting held on January 28, 2026, at Hotel Allahabad Regency in Prayagraj addressed key financial and governance matters.
Financial Performance Analysis
The company's Q3FY26 results show a significant deterioration in financial performance compared to the previous year. Key metrics demonstrate the operational challenges faced during the quarter.
| Financial Metric | Q3FY26 (₹ lakhs) | Q3FY25 (₹ lakhs) | Change |
|---|---|---|---|
| Total Income from Operations | 7.24 | 75.19 | -90.37% |
| Net Loss/Profit After Tax | (16.59) | 17.99 | Loss |
| Basic Earnings Per Share | (0.01) | 0.01 | Negative |
The company reported total income from operations of ₹7.24 lakhs in Q3FY26, marking a sharp decline of 90.37% from ₹75.19 lakhs in Q3FY25. This dramatic reduction in operational revenue contributed significantly to the company's shift from profitability to losses.
Nine-Month Performance Overview
For the nine months ended December 31, 2025, Triveni Glass reported a net loss of ₹47.83 lakhs compared to a profit of ₹22.98 lakhs in the corresponding period of the previous year. Total revenue for the nine-month period stood at ₹20.26 lakhs, substantially lower than ₹97.30 lakhs in the previous year.
| Nine-Month Metrics | FY26 (₹ lakhs) | FY25 (₹ lakhs) | Variance |
|---|---|---|---|
| Total Revenue | 20.26 | 97.30 | -79.18% |
| Net Loss/Profit | (47.83) | 22.98 | Loss |
| Basic EPS | (0.04) | 0.18 | Negative |
Board Decisions and Corporate Governance
The board meeting addressed several important governance matters beyond the financial results approval. A significant decision involved the reappointment of key independent director positions.
| Governance Decision | Details |
|---|---|
| Director Reappointment | Smt Manju Agarwal (DIN: 00778983) |
| Position | Independent Woman Director |
| Term Duration | Five years (March 19, 2026 to March 18, 2031) |
| Approval Required | Shareholder approval via postal ballot |
Smt Manju Agarwal, described as a respected business leader with specialized knowledge in business domain and functioning, will continue her role subject to member approval. The board confirmed she is not related to any other directors and is not debarred from holding directorship by any regulatory authority.
Financial Position and Cash Flow
The company's balance sheet as of December 31, 2025, shows total assets of ₹602.42 lakhs compared to ₹657.59 lakhs as of March 31, 2025. The equity position remains negative at ₹1,520.20 lakhs, reflecting accumulated losses over time.
Cash flow from operating activities showed an outflow of ₹63.33 lakhs during the quarter, indicating operational challenges. However, investing activities generated positive cash flow of ₹20.36 lakhs, while financing activities contributed ₹42.91 lakhs.
Regulatory Compliance
The financial results were prepared in accordance with applicable accounting standards and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Amit Ray & Co., Chartered Accountants, conducted the review and confirmed that nothing came to their attention suggesting material misstatements in the unaudited financial results.
Historical Stock Returns for Triveni Glass
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.59% | -5.42% | -9.60% | -38.56% | -53.75% | +23.96% |
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