Zuari Industries has reported a net consolidated loss of Rs 26.42 crore for the third quarter of the 2025-26 fiscal, driven by higher expenses. The company had posted a net loss of Rs 25.23 crore in the same quarter of the previous year, according to a regulatory filing on Friday. Its total income rose to Rs 301.4.8 crore during the October-December quarter of the 2025-26 fiscal from Rs 274 crore in the year-ago period. Expenses remained higher at Rs 334.24 crore against Rs 312.75 crore a year ago. "The third quarter reflects steady operational progress across our Sugar, Power and Ethanol division, supported by strong on-ground execution during the crushing season," its Managing Director Athar Shahab said.