Melstar Information Technologies Reports Q3FY26 Loss of ₹20.31 Lakh, Announces Key Board Changes
Published on: Feb. 15, 2026, 1:34 a.m. | Source: scanx.trade
Melstar Information Technologies Limited reported Q3FY26 standalone loss of ₹20.31 lakh, an improvement from ₹23.07 lakh loss in Q3FY25, though consolidated losses increased to ₹67.00 lakh. Nine-month standalone losses widened to ₹118.41 lakh from ₹29.95 lakh previously. The company appointed Rose Mary Vase as Additional Independent Director and designated Raveendra Sangapu as CFO. Operating under insolvency proceedings since 2019, the company continues on going concern basis while implementing cost optimization and awaiting business clearances.
