Akshar Spintex Q3FY26 Loss Widens to ₹379.50 Lakhs on Revenue of ₹3,597.28 Lakhs
Akshar Spintex reported a net loss of ₹379.50 lakhs for the quarter ended December 31, 2025, an increase from ₹196.82 lakhs in the previous quarter. Total income for the quarter was ₹3,597.28 lakhs. Total expenses rose to ₹4,134.39 lakhs, leading to the widened loss.
The widened net loss and increased expenses are material financial information that could impact investor sentiment and the company's stock performance.
The company reported a significant increase in net loss for the quarter ended December 31, 2025, compared to both the previous quarter and the same quarter last year, indicating a negative financial performance.
Akshar Spintex Limited announced the outcome of its Board Meeting held on 13th February 2026, wherein the Unaudited Standalone Financial Results for the quarter ended 31st December 2025 were approved.
The company reported a total income of ₹3,597.28 lakhs for the quarter ended 31st December 2025, a significant increase from ₹2,280.98 lakhs in the previous quarter ended 30th September 2025, but lower than ₹2,636.28 lakhs in the corresponding quarter of the previous year (31st December 2024).
Total expenses for the quarter rose to ₹4,134.39 lakhs from ₹2,440.70 lakhs in the previous quarter, leading to a widened loss before tax of ₹537.11 lakhs, compared to a loss of ₹159.73 lakhs in the prior quarter. After accounting for tax adjustments, the net loss for the quarter stood at ₹379.50 lakhs, an increase from the ₹196.82 lakhs loss in the previous quarter and ₹233.35 lakhs in the same quarter last year.
For the nine months ended 31st December 2025, the company registered a total income of ₹8,547.16 lakhs and a net loss of ₹699.97 lakhs. The Board Meeting commenced at 2:15 p.m. and concluded at 3:05 p.m.
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See the model portfoliosA plain-language summary of a public exchange filing by Akshar Spintex Limited. Read the original for the full detail.