Vikram Aroma Limited has announced its unaudited financial results for the third quarter of FY26, revealing continued operational challenges with a net loss of ₹3.62 lakhs for the quarter ended December 31, 2025. The Board of Directors approved these results on February 10, 2026, following review by the audit committee and limited review by statutory auditors.

Financial Performance Overview

The company's quarterly performance showed mixed results compared to the previous year. While the net loss reduced from ₹10.73 lakhs in Q3 FY25 to ₹3.62 lakhs in Q3 FY26, revenue from operations declined substantially by 49.09% year-on-year.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Vikram Aroma demonstrated improvement in loss reduction despite revenue challenges. The company reported a net loss of ₹54.07 lakhs compared to ₹88.42 lakhs in the corresponding period of the previous year, representing a 38.86% reduction in losses.

Cost Structure and Operational Metrics

The company's cost structure showed significant variations during Q3 FY26. Cost of material consumed decreased to ₹347.09 lakhs from ₹599.02 lakhs in the previous year quarter. A notable positive impact came from changes in inventories, which contributed ₹49.49 lakhs to the bottom line compared to an adverse impact of ₹153.72 lakhs in Q3 FY25.

Key Financial Indicators

Vikram Aroma maintained its paid-up equity share capital at ₹313.58 lakhs with a face value of ₹10 per share. The earnings per share improved to -₹0.12 for Q3 FY26 from -₹0.34 in Q3 FY25. For the nine-month period, EPS stood at -₹1.72 compared to -₹2.82 in the previous year.

Regulatory Compliance

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The company operates in a single reportable segment of "Chemicals" as per Ind AS 108. The results were reviewed by J.T. Shah & Co., Chartered Accountants, who provided a limited review report confirming compliance with regulatory requirements under SEBI Listing Regulations.

Vikram Aroma Limited has announced its unaudited financial results for the second quarter of fiscal year 2026, revealing a net loss despite revenue growth. The company, which specializes in the production of diphenyl oxide, faced challenges in profitability during the quarter ended September 30, 2025.

Financial Performance

The company reported a net loss of Rs 56.79 lakh for Q2 FY2026, a significant decline from the net profit of Rs 6.34 lakh recorded in the previous quarter. This shift into loss territory comes despite an increase in revenue from operations, which stood at Rs 601.43 lakh for the quarter.

Here's a breakdown of the key financial metrics for Q2 FY2026:

Half-Year Performance

For the half-year period ended September 30, 2025, Vikram Aroma Limited reported:

• Total income of Rs 1,118.50 lakh
• Net loss of Rs 50.45 lakh
• Basic earnings per share of Rs (1.61)

Balance Sheet Highlights

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

• Total assets of Rs 3,140.59 lakh
• Equity share capital of Rs 313.58 lakh
• Other equity (reserves) of Rs 1,774.46 lakh

Operational Insights

The company's performance indicates a challenging quarter with increased operational costs impacting profitability. The rise in revenue suggests growing demand for Vikram Aroma's products, but the shift to a net loss position highlights the need for cost management and operational efficiency improvements.

Management Approval

The unaudited financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on November 11, 2025. The statutory auditors have carried out a limited review of these financial results.

Market Implications

Investors and market analysts will likely be watching closely to see how Vikram Aroma plans to address the profitability challenges while maintaining revenue growth. The company's ability to manage costs and improve margins in the coming quarters will be crucial for its financial health and market performance.

Vikram Aroma Limited continues to operate in the specialty chemicals sector, focusing on the production of diphenyl oxide. As the company navigates through these financial headwinds, stakeholders will be keen to see the management's strategies for returning to profitability while capitalizing on the apparent growth in demand for its products.