AKSHAR NSE filing

Akshar Spintex Q3FY26 Net Loss Widens to ₹3.80 Crore

The RealCase readMedium impact Negative

Akshar Spintex Limited reported a net loss of ₹379.50 lakhs for Q3FY26, an increase from ₹233.35 lakhs in Q3FY25. Total income was ₹3597.28 lakhs, up from ₹2636.28 lakhs YoY. Expenses rose to ₹4134.39 lakhs. The nine-month net loss widened to ₹699.97 lakhs. Board approved results on Feb 13, 2026.

Why it matters

The increased net loss and wider negative earnings per share suggest a material negative impact on the company's financial health and investor confidence.

The market read

The company reported a widened net loss for both the quarter and the nine-month period, indicating a negative financial performance.

Akshar Spintex Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The company reported a total income of ₹3597.28 lakhs for the quarter, compared to ₹2636.28 lakhs in the same period last year. Total expenses rose to ₹4134.39 lakhs from ₹2965.56 lakhs year-on-year.

The company incurred a loss before exceptional items and tax of ₹537.11 lakhs for the quarter, widening from a loss of ₹329.27 lakhs in the corresponding quarter of the previous fiscal. After considering tax expenses, the net loss for the quarter ended December 31, 2025, stood at ₹379.50 lakhs (approximately ₹3.80 crore), an increase from the net loss of ₹233.35 lakhs in the prior year's quarter.

For the nine-month period ended December 31, 2025, the total income was ₹8547.16 lakhs, a decrease from ₹8761.19 lakhs in the same period last year. The net loss for the nine months widened to ₹699.97 lakhs from ₹330.55 lakhs in the previous year.

Basic and diluted earnings per share for the quarter were ₹(0.05), compared to ₹(0.03) in the prior year quarter. The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 13, 2026. The company's operations fall under a single segment, 'Spinning of Cotton Yarn'.

Filing to action

What to do with a filing like this

Akshar Spintex Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Akshar Spintex Limited. Read the original for the full detail.

View original filing