Tusaldah Limited Reports Q3FY26 Loss of ₹18.10 Lakhs, Appoints New Company Secretary
Tusaldah Limited announced Q3FY26 financial results showing a net loss of ₹18.10 lakhs despite generating revenue of ₹11.86 lakhs from commodity trading operations. The company appointed Ms. Gazal Inani as Company Secretary and Compliance Officer effective February 12, 2026, while maintaining its focus on commodity trading segment.

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Tusaldah Limited , formerly known as High Street Filatex Limited, has announced its unaudited financial results for the third quarter ended December 31, 2025, reporting a net loss of ₹18.10 lakhs. The company's board of directors convened on February 12, 2026, to approve the quarterly results and make key appointments.
Financial Performance Overview
The company's financial performance for Q3FY26 showed mixed results with limited operational activity:
| Financial Metric: | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Net Sales/Income: | ₹11.86 lakhs | ₹0.00 lakhs | New activity |
| Other Income: | ₹0.86 lakhs | ₹0.00 lakhs | New income |
| Total Income: | ₹12.72 lakhs | ₹0.00 lakhs | Significant increase |
| Total Expenses: | ₹30.63 lakhs | ₹3.22 lakhs | +851.55% |
| Net Loss: | ₹18.10 lakhs | ₹3.22 lakhs | +462.11% |
The company generated revenue of ₹11.86 lakhs from operations during the quarter, marking a return to business activity after no sales in the corresponding quarter of the previous year. However, total expenses surged to ₹30.63 lakhs, primarily driven by purchases of stock-in-trade worth ₹21.80 lakhs.
Nine-Month Performance Analysis
For the nine months ended December 31, 2025, Tusaldah Limited's performance showed:
| Period Metric: | 9M FY26 | 9M FY25 | Variance |
|---|---|---|---|
| Total Income: | ₹12.72 lakhs | ₹391.47 lakhs | -96.75% |
| Total Expenses: | ₹56.69 lakhs | ₹401.48 lakhs | -85.88% |
| Net Loss: | ₹43.97 lakhs | ₹10.01 lakhs | +339.26% |
The nine-month comparison reveals a significant decline in business activity, with total income dropping by 96.75% compared to the same period in the previous year.
Key Appointment and Corporate Governance
The board approved the appointment of Ms. Gazal Inani as Company Secretary and Compliance Officer effective February 12, 2026. Ms. Inani is an Associate Member of the Institute of Company Secretaries of India (Membership No. A 23246) and brings expertise in company secretarial functions, statutory compliance, and corporate governance.
Segment-wise Performance
The company's business segments showed varied performance:
| Business Segment: | Q3FY26 Revenue | Performance |
|---|---|---|
| Trading of Commodity: | ₹11.86 lakhs | Active operations |
| Manufacturing/Trading of Socks: | ₹0.00 lakhs | No activity |
| Trading of Yarn: | ₹0.00 lakhs | No activity |
The trading of commodity segment remained the sole revenue generator during the quarter, while the traditional socks manufacturing and yarn trading segments showed no activity.
Financial Position and Compliance
Tusaldah Limited maintains its listing on BSE Limited under scrip code 531301 with ISIN INE319M01011. The company's paid-up equity share capital stands at ₹234.34 lakhs with a face value of ₹10 per share. The earnings per share (EPS) for the quarter was negative ₹0.77, compared to negative ₹0.50 in the corresponding quarter of the previous year.
The financial results were reviewed by the Audit Committee and approved by the Board of Directors, with auditors expressing an unmodified opinion in their review report. The company continues to operate from its registered office in Jaipur while maintaining corporate operations in Mumbai.
Historical Stock Returns for High Street Filatex
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.00% | -10.88% | -18.82% | -44.37% | -23.35% | +770.33% |






























