Sanghi Industries Limited announced its un-audited financial results for the quarter and nine months ended December 31, 2025. The company reported a revenue from operations of ₹275 crore for the quarter, a slight increase from ₹258.96 crore in the corresponding quarter of the previous year. However, the company posted a net loss of ₹115.39 crore for the quarter, compared to a loss of ₹96.96 crore in the same period last year. For the nine months ended December 31, 2025, the revenue from operations stood at ₹805.31 crore, with a net loss of ₹307.34 crore. Additionally, the Board of Directors approved the appointment of Mr. Rohit Soni as an Additional Director (Non-Executive and Non-Independent) of the Company, effective January 31, 2026. Mr. Soni is a Chartered Accountant and presently serves as the Chief Financial Officer of the Cement business. The board meeting commenced at 07:00 p.m. and concluded at 07:40 p.m. on January 29, 2026. The financial results and the Limited Review Report will be posted on the company's website. The company also provided details regarding an exceptional item of ₹40 crore representing the receipt of an indemnification claim from erstwhile promoters against a disputed matter related to electricity duty. The company has an ongoing litigation with the Chief Commissioner of State Tax regarding electricity duty exemption, with a provision of ₹43.90 crore recognized for the principal portion and ₹181.65 crore assessed as contingent liability towards interest for the dispute period up to December 31, 2025. A demand of ₹161.95 crore (including interest) was raised for the period post-April 2012, against which an additional provision of ₹121.20 crore was recognized in the previous financial year and deposited on April 30, 2025.
