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Suvidhaa Infoserve Reports Q3 FY26 Net Loss of ₹14M; CFO Resigns
Suvidhaa Infoserve reported a standalone net loss of ₹14.0 million for the quarter ended December 31, 2025, which is an improvement from the ₹23.6 million loss in the previous year's corresponding quarter. However, revenue from operations remains alarmingly low at just ₹1.8 million, reflecting a massive 78.6% year-on-year decline from ₹8.4 million. The company also announced significant management changes, including the resignation of CFO Prashant Thakar and the re-appointment of two Independent Directors for five-year terms. Auditors highlighted an emphasis of matter regarding the write-off and write-back of trade balances.
Key Highlights
Standalone revenue from operations plummeted to ₹1.8 million in Q3 FY26 from ₹8.4 million in Q3 FY25.
Net loss for the quarter stood at ₹14.0 million, compared to a loss of ₹23.6 million in the same period last year.
CFO Prashant Thakar resigned effective February 09, 2026, and transitioned to a Non-Executive Director role.
Total expenses of ₹15.8 million significantly outpaced the total income of ₹1.8 million for the quarter.
Independent Directors Shail Shah and Ritesh Chothani re-appointed for a second 5-year term until 2031.
💼 Action for Investors
Investors should exercise extreme caution as the company's revenue has shrunk to negligible levels while losses continue to persist. The resignation of the CFO and the auditor's emphasis on trade balance adjustments suggest significant operational and financial instability.
Suvidhaa Infoserve Reports Q3 Loss of ₹14M; CFO Resigns and Board Reappointments Announced
Suvidhaa Infoserve reported a standalone net loss of ₹14.0 million for the quarter ended December 31, 2025, which is an improvement over the ₹23.6 million loss in the same period last year. Revenue from operations remains significantly low at ₹1.8 million, though it showed a slight sequential increase from ₹1.1 million in the previous quarter. The company announced the resignation of CFO Prashant Thakar, who will transition to a Non-Executive Director role. Additionally, the board approved the re-appointment of two Independent Directors for a second five-year term.
Key Highlights
Standalone revenue from operations stood at ₹1.8 million for Q3 FY26, down from ₹8.4 million in Q3 FY25.
Net loss for the quarter narrowed to ₹14.0 million compared to a loss of ₹23.6 million in the year-ago period.
Total expenses for the quarter were ₹15.8 million, primarily driven by other expenses of ₹9.9 million.
CFO Prashant Thakar resigned effective February 9, 2026, and shifted to a Non-Executive Director position.
Independent Directors Shail Shah and Ritesh Chothani re-appointed for 5-year terms starting February 17, 2026.
💼 Action for Investors
Investors should remain cautious as the company continues to struggle with low operational revenue and persistent losses. The resignation of the CFO and the transition of leadership roles suggest a period of internal restructuring that requires monitoring.
Suvidhaa Infoserve Q3 FY26 Net Loss Narrows to ₹14M; CFO Prashant Thakar Resigns
Suvidhaa Infoserve reported a standalone net loss of ₹14.0 million for the quarter ended December 31, 2025, showing improvement from a ₹23.6 million loss in the prior year's quarter. However, revenue remains critically low at just ₹1.8 million, a sharp decline from ₹8.4 million in Q3 FY25. The company also announced that CFO Prashant Thakar has resigned and transitioned to a Non-Executive Director role. Two independent directors were re-appointed for five-year terms, pending shareholder approval.
Key Highlights
Standalone revenue for Q3 FY26 was ₹1.8 million, down 78% from ₹8.4 million in Q3 FY25.
Net loss for the quarter narrowed to ₹14.0 million from ₹23.6 million in the same period last year.
CFO Prashant Thakar resigned effective February 09, 2026, and changed designation to Non-Executive Director.
Total expenses for the quarter stood at ₹15.8 million, significantly exceeding the total income of ₹1.8 million.
Independent Directors Shail Shah and Ritesh Chothani re-appointed for a second 5-year term until 2031.
💼 Action for Investors
Investors should exercise extreme caution as the company's revenue has collapsed to negligible levels, indicating severe business distress. The resignation of the CFO and persistent operating losses suggest a high-risk profile with no immediate signs of a turnaround.
Suvidhaa Infoserve Q3 Loss Narrows to ₹14M; CFO Prashant Thakar Resigns
Suvidhaa Infoserve reported a net loss of ₹14.0 million for the quarter ended December 31, 2025, which narrowed from a loss of ₹23.6 million in the same period last year. However, revenue from operations saw a sharp decline, falling to ₹1.8 million from ₹8.4 million year-on-year. The company also announced the resignation of Mr. Prashant Thakar as CFO, who will transition from a Whole-time Director to a Non-Executive Director role. Additionally, the board approved the re-appointment of two independent directors for second five-year terms.
Key Highlights
Revenue from operations fell 78.6% YoY to ₹1.8 million in Q3 FY26 compared to ₹8.4 million in Q3 FY25.
Net loss narrowed to ₹14.0 million for the quarter versus a loss of ₹23.6 million in the previous year's corresponding quarter.
Total expenses were reduced to ₹15.8 million from ₹32.0 million YoY, driven by lower depreciation and service costs.
CFO Prashant Thakar resigned effective February 09, 2026, and shifted to a Non-Executive Director position.
Nine-month total income dropped significantly to ₹12.2 million from ₹75.7 million in the prior year period.
💼 Action for Investors
Investors should exercise extreme caution as the company's revenue base is shrinking rapidly despite the reduction in losses. The departure of the CFO and the significant drop in operational scale suggest fundamental business challenges.
Suvidhaa Infoserve Q3 Loss Narrows to ₹14M; CFO Prashant Thakar Resigns
Suvidhaa Infoserve reported a standalone net loss of ₹14.0 million for the quarter ended December 31, 2025, showing a narrowing loss compared to ₹23.6 million in the same quarter last year. Revenue from operations remained extremely low at ₹1.8 million, though it showed a slight sequential increase from ₹1.1 million in Q2 FY26. Alongside the results, the company announced the resignation of Mr. Prashant Thakar as CFO, who will transition to a Non-Executive Director role. The company also re-appointed two Independent Directors for a second five-year term.
Key Highlights
Standalone revenue from operations stood at ₹1.8 million for Q3 FY26, a sharp decline from ₹8.4 million in Q3 FY25.
Net loss for the quarter narrowed to ₹14.0 million from ₹23.6 million in the year-ago period due to lower operating expenses.
CFO Prashant Thakar resigned effective February 9, 2026, and has been redesignated as a Non-Executive Director.
Total expenses for the quarter were reduced to ₹15.8 million compared to ₹32.0 million in the previous year's corresponding quarter.
Independent Directors Shail Shah and Ritesh Chothani were re-appointed for a second 5-year term until 2031.
💼 Action for Investors
Investors should exercise extreme caution as the company continues to struggle with very low operating revenue and persistent losses. The resignation of the CFO and the overall financial performance indicate significant business headwinds.
Suvidhaa Infoserve Q3 Standalone Revenue Drops 78% YoY to ₹1.8M; CFO Resigns
Suvidhaa Infoserve reported a significant decline in its standalone operations for the quarter ended December 31, 2025, with revenue falling to ₹1.8 million from ₹8.4 million in the same period last year. The company continues to report losses, posting a standalone net loss of ₹14.0 million for the quarter, although this is a reduction from the ₹23.6 million loss in Q3 FY25. In a major management shift, CFO Prashant Thakar has resigned and transitioned to a Non-Executive Director role. The board also approved the re-appointment of two Independent Directors for a second five-year term.
Key Highlights
Standalone revenue from operations plummeted 78.6% YoY to ₹1.8 million in Q3 FY26.
Standalone net loss for the quarter stood at ₹14.0 million versus a loss of ₹23.6 million in Q3 FY25.
Nine-month standalone revenue saw a massive drop to ₹6.7 million from ₹75.4 million in the previous year.
CFO Prashant Thakar resigned effective February 9, 2026, and moved to a Non-Executive Director position.
Total standalone expenses for the quarter were ₹15.8 million, nearly nine times the total income generated.
💼 Action for Investors
Investors should exercise high caution as the company's revenue base is shrinking rapidly and it remains consistently loss-making. The transition of the CFO to a non-executive role amid deteriorating financials raises concerns about the company's immediate recovery path.