Belrise Industries Limited has announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. These results were reviewed by the Audit Committee and approved by the Board of Directors on January 31, 2026. The company's statutory auditors have provided a limited review report with modifications. The consolidated results include the financial performance of subsidiaries in the UAE, India, and France, with the French subsidiary, Belrise Defence & Aerospace Private Limited, being fully incorporated as a wholly-owned subsidiary on November 19, 2025. The company has also assessed the impact of new labor codes introduced by the Indian government, including the Code on Social Security, 2020. The estimated impact of these changes, primarily due to changes in gratuity and compensation, amounts to ₹47.60 million for gratuity and ₹16.48 million for non-recoverable compensation. The company continues to monitor the implementation of these labor codes and will provide appropriate accounting treatment as needed. There were no significant utilizations of IPO proceeds during the quarter ended December 31, 2025.
