Hari Govind International Limited Reports Widened Loss in Q3FY26 Results

Hari govind international Limited has released its unaudited financial results for the third quarter of FY26 ended December 31, 2025, revealing continued operational challenges with widened losses compared to the previous year. The Nagpur-based company reported no revenue from operations during the quarter, with expenses driving the overall financial performance. Financial Performance Overview The company's quarterly performance showed deterioration across key metrics: Metric Q3 FY26 Q3 FY25 Change Total Income Nil Nil - Total Expenses ₹2.76 lakhs ₹0.94 lakhs +194% Net Loss ₹2.76 lakhs ₹0.94 lakhs +194% Basic EPS ₹(0.03) ₹(0.02) -50% Nine-Month Performance Analysis The cumulative performance for the nine months ended December 31, 2025, reflected similar trends: Parameter 9M FY26 9M FY25 Variance Total Expenses ₹13.17 lakhs ₹10.15 lakhs +30% Net Loss ₹13.17 lakhs ₹10.15 lakhs +30% Basic EPS ₹(0.15) ₹(0.20) +25% Expense Breakdown The company's expenses for Q3 FY26 consisted entirely of other expenses, with significant components including: Professional Charges: ₹1.62 lakhs (new expense item) Salary & Wages: ₹0.60 lakhs (unchanged from Q3 FY25) Legal Expenses: ₹0.50 lakhs (new expense item) Office Expenses: ₹0.05 lakhs Bank Charges & Commission: ₹0.00 lakhs For the nine-month period, major expense categories included professional fees to ROC (₹7.08 lakhs), salary & wages (₹1.80 lakhs), and legal expenses (₹1.30 lakhs). Capital Structure The company's equity structure showed notable changes: Details Current Previous Year Paid-up Equity Capital ₹852.50 lakhs ₹500.00 lakhs Face Value per Share ₹10.00 ₹10.00 Capital Increase 70.5% - Regulatory Compliance The financial results were submitted pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2025, and BSE Circular No. 20250102-4. The results underwent limited review by statutory auditors C.V. Paturkar & Co., Chartered Accountants, and received approval from the company's Audit Committee and Board of Directors. The company continues to operate without generating revenue from its core business activities, relying entirely on managing operational expenses while maintaining regulatory compliance requirements. Hari Govind International Limited has announced the resignation of three directors from its board, effective February 14, 2026. The company informed BSE Limited about these key leadership changes in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Director Resignations Overview The company received resignation letters from all three directors on February 14, 2026, with immediate effect from the same date. The resignations represent significant changes in the company's board composition. Director Details Position DIN Resignation Date Ms. Aruna Mahesh Menkudale Independent Director 10204791 February 14, 2026 Mr. Jugal Kishore Harikisan Maniyar Whole-time Director 00094237 February 14, 2026 Mrs. Sunita Jugal Kishore Maniyar Director 01796143 February 14, 2026 Reasons for Resignation Each director cited specific reasons for their departure from the board. Ms. Aruna Mahesh Menkudale resigned from her position as Independent Director due to professional commitments. Both Mr. Jugal Kishore Harikisan Maniyar and Mrs. Sunita Jugal Kishore Maniyar cited the open offer and personal commitments as reasons for their resignations. Resignation Reasons Details Ms. Aruna Menkudale Professional commitments Mr. Jugal Maniyar Open offer and personal commitments Mrs. Sunita Maniyar Open offer and personal commitments Regulatory Compliance The company has submitted detailed resignation letters along with reasons for resignation as required under Schedule III of SEBI (LODR) Regulations, 2015. All resigning directors confirmed that there are no other material reasons for their resignations beyond those mentioned in their respective resignation letters. None of the resigning directors hold directorship in any other listed entities. Company Leadership The announcement was signed by Mr. Shaju Thomas, Managing Director (DIN: 06412983), on behalf of Hari Govind International Limited. The company is registered in Nagpur with its office located at 125, Wardhman Nagar, Near Radha Krishna Mandir, Nagpur-08, and trades on BSE under scrip code 530565. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. 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