Turner Industries Limited Reports Q3FY26 Net Loss of ₹0.31 Lakhs

Turner Industries Limited announced its unaudited financial results for the third quarter ended December 31, 2025, showing continued losses despite marginal improvement in nine-month performance. The Board of Directors approved these results at their meeting held on February 11, 2026. Financial Performance Overview The company's financial performance for Q3FY26 reflects ongoing challenges with no operational income generation. Metric Q3FY26 Q3FY25 Q2FY26 Change (YoY) Total Income from Operations - - - - Net Loss After Tax (₹0.31 lakhs) (₹0.30 lakhs) (₹0.64 lakhs) -3.33% Total Expenses ₹0.31 lakhs ₹0.30 lakhs ₹0.64 lakhs 3.33% Earnings Per Share (Basic & Diluted) (₹0.01) (₹0.01) (₹0.02) - Nine-Month Performance For the nine-month period ended December 31, 2025, Turner Industries showed slight improvement compared to the previous year. Parameter 9M FY26 9M FY25 Change Net Loss After Tax (₹1.25 lakhs) (₹1.28 lakhs) +2.34% Total Comprehensive Income (₹1.25 lakhs) (₹1.28 lakhs) +2.34% Earnings Per Share (₹0.03) (₹0.03) - Balance Sheet Position As of December 31, 2025, the company's financial position showed the following key metrics: Assets & Liabilities Dec 31, 2025 Mar 31, 2025 Total Assets ₹50.68 lakhs ₹50.80 lakhs Cash and Cash Equivalents ₹0.69 lakhs ₹0.81 lakhs Deferred Tax Assets ₹46.69 lakhs ₹46.69 lakhs Total Liabilities ₹39.24 lakhs ₹38.40 lakhs Borrowings (Loan from Director) ₹38.94 lakhs ₹37.80 lakhs Total Equity ₹11.44 lakhs ₹12.39 lakhs Capital Structure Turner Industries maintained a stable capital structure during the quarter: Equity Share Capital: ₹401.31 lakhs (40,13,100 equity shares of ₹10 each) Reserves: Negative ₹386.28 lakhs (excluding revaluation reserves) Authorized Share Capital: ₹500.00 lakhs (50,00,000 equity shares of ₹10 each) Business Operations The company reported no income from operations during the quarter, with total expenses of ₹0.31 lakhs comprising entirely of other expenses. Turner Industries is engaged in the property development business and operates as a single reportable segment under Ind AS 108. Regulatory Compliance The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013. The results were reviewed by the Audit Committee and approved by the Board of Directors, with a limited review conducted by statutory auditors A. John Moris & Co, Chartered Accountants. 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. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.