Fateh Industries Limited reported a narrower loss for the third quarter ended March 31, 2026, reflecting an improvement in its financial performance despite the absence of sales revenue during the period. The company’s latest unaudited financial results indicate that effective cost management and higher other income helped reduce losses compared with the same period last year.

During the quarter, the company recorded no sales, similar to the corresponding period of the previous year. Administrative expenses declined to Rs. 1.18 million from Rs. 1.47 million, contributing to a lower operating loss. Meanwhile, other income increased to Rs. 426,000, while an exchange gain of Rs. 569,405 further supported earnings.

As a result, loss before taxation narrowed significantly to Rs. 181,503, compared with Rs. 2.01 million in the same quarter last year. After accounting for tax, the company reported a net loss of Rs. 181,503, while loss per share improved to Rs. 0.09, compared with Rs. 1.01 a year earlier. For the nine-month period, the company posted a net loss of Rs. 1.08 million, an improvement from Rs. 2.77 million recorded during the corresponding period of the previous year.

On the balance sheet, total assets stood at approximately Rs. 407.45 million as of March 31, 2026, compared with Rs. 410.66 million at the end of June 2025. Property, plant and equipment remained the company’s largest asset category at Rs. 238.37 million, while investment property was valued at Rs. 120 million. Cash and bank balances increased to Rs. 439,265 from Rs. 322,034 at the beginning of the financial year.

The company’s shareholders’ equity stood at Rs. 243.06 million, while current liabilities declined modestly to Rs. 152.57 million, aided by a reduction in director loans and trade payables.

Fateh Industries also reported a total comprehensive loss of Rs. 322,408 for the quarter after incorporating changes in the fair value of investments.

Overall, the third-quarter results indicate that while the company has yet to resume revenue generation, lower operating expenses, improved exchange gains, and stronger non-operating income helped significantly reduce losses, strengthening its financial position compared with the corresponding period last year