Facor Alloys News

Facor Alloys Reports Q3 FY26 Results Amid Plant Shutdown

Facor Alloys Limited announced Q3 FY26 financial results with nil revenue due to plant shutdown since October 2023. Company received ₹24.97 crore advance for plant machinery sale.

Facor Alloys Board Meet on Feb 14 for Q3FY26 Results

Facor Alloys Limited has scheduled a Board of Directors meeting on February 14, 2026, to consider unaudited financial results for the quarter and nine months ended December 31, 2025.

Facor Alloys Director Gaurav Saraf Resigns

Facor Alloys Limited announces resignation of Non-Executive Non-Independent Director Mr. Gaurav Vinod Saraf effective January 13, 2026, citing pre-occupation and professional commitments.

Facor Alloys' Step-Down Subsidiary FTMN De-Registered in Netherlands

Facor Alloys Limited's step-down subsidiary Facor Turkkrom Mining (Netherlands) B.V. has been de-registered from the Business Register in Netherlands. The de-registration has no material impact on the company's operations or financials as FTMN was non-operational and investments had already been fully impaired in earlier years.

Facor Alloys Reports Quarterly Loss of ₹67 Crores, Plant Operations Remain Shut

Facor Alloys Limited reported a net loss of ₹67.04 crores for the quarter ended September 30, 2025, compared to a loss of ₹261.26 crores in the same period last year. The company recorded zero revenue from operations as plant operations remain temporarily shut down since October 31, 2023. Total income for the quarter was ₹7.44 crores, primarily from other income sources. The company's half-year loss stood at ₹83.26 crores. New management took charge in April 2024 and is exploring options including dialogues with corporate houses and lenders to resume operations. The company obtained shareholder approval for sale of plant and machinery, receiving an advance of ₹13.31 crores from the purchaser. Auditors were unable to complete review of consolidated results due to unavailability of financial information from the foreign subsidiary.