Nitin Fire Protection Industries Limited has announced the outcome of its Board Meeting held on January 16, 2026. The company was admitted under the Corporate Insolvency Resolution Process on October 22, 2018, and subsequently under Liquidation on January 18, 2022. The Liquidator, Mr. Uliyar Balakrishna Bhat, has successfully completed the sale of the company as a going concern, with the Sale Certificate issued on October 3, 2024. The National Company Law Tribunal (NCLT), Mumbai Bench, approved this sale on June 3, 2025, with a "clean slate" status, though the final liquidation closure order is still awaited.

The Liquidator has approved the Unaudited Financial Results (Standalone & Consolidated) for the quarter and nine months ended December 31, 2025. Due to the liquidation process, the powers of the Board of Directors are suspended and vested with the Liquidator, making traditional board meetings inapplicable. The financial results were approved and signed by the Liquidator on January 16, 2026.

For the quarter ended December 31, 2025, the standalone revenue from operations was ₹6.53 crore, with a total income of ₹6.55 crore. The net profit after taxes was ₹1.33 lakh. For the nine months ended December 31, 2025, standalone revenue from operations was ₹13.74 crore, with a total income of ₹29.87 crore and a net profit after taxes of ₹13.18 crore.

On a consolidated basis for the quarter ended December 31, 2025, the revenue from operations was ₹7.11 crore, with total income of ₹8.27 crore and a net profit after taxes of ₹0.46 crore. For the nine months ended December 31, 2025, consolidated revenue from operations was ₹15.03 crore, with total income of ₹33.21 crore and a net profit after taxes of ₹1.43 crore.

The company has filed an interlocutory application for the cancellation and issuance of fresh equity shares, but approval is pending. The share capital and holdings remain unchanged.