Akshar Spintex Q3FY26 Unaudited Standalone Results: Net Loss Widens to ₹379.50 Lakhs
Akshar Spintex reported its unaudited standalone financial results for the quarter ended December 31, 2025. Total income for the quarter was ₹3,597.28 lakhs, with total expenses at ₹4,134.39 lakhs. The company incurred a net loss of ₹379.50 lakhs for the quarter, compared to a loss of ₹233.35 lakhs in the prior year period.
The widening net loss and increased expenses are material financial developments that could impact investor sentiment and the company's stock performance.
The company reported a wider net loss for the quarter and nine months ended December 31, 2025, compared to the corresponding periods in the previous year, indicating a negative financial performance.
Akshar Spintex Limited announced the outcome of its Board Meeting held on February 13, 2026, wherein the Unaudited Standalone Financial Results for the quarter ended December 31, 2025, were considered and approved.
The company reported a total income of ₹3,597.28 lakhs for the quarter ended December 31, 2025, a decrease from ₹2,636.28 lakhs in the corresponding quarter of the previous year. Total expenses for the quarter rose to ₹4,134.39 lakhs from ₹2,965.56 lakhs in the prior year period.
Consequently, the company posted a loss before exceptional items and tax of ₹537.11 lakhs for the quarter ended December 31, 2025, compared to a loss of ₹329.27 lakhs in the same quarter of the previous year. After considering tax expenses, the net loss for the quarter stood at ₹379.50 lakhs, an increase from ₹233.35 lakhs in the corresponding quarter of the prior year.
For the nine months ended December 31, 2025, the total income was ₹8,547.16 lakhs, with total expenses amounting to ₹9,417.06 lakhs, resulting in a loss before exceptional items and tax of ₹869.90 lakhs. The net loss for the nine-month period was ₹699.97 lakhs.
The Board Meeting commenced at 2:15 p.m. and concluded at 3:05 p.m.
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