Audited financial statements along with audit Report for the year ended 31.03.2025.
Awaiting price reaction for this filing.
LS Industries Ltd reported audited results for FY25 with revenue from operations of Rs 29.11 lakhs, down from Rs 44.89 lakhs in FY24, a decline of about 35%. However, total income surged to Rs 478.86 lakhs due to a sharp jump in other income (Rs 449.75 lakhs vs Rs 12.60 lakhs previously). Total expenses ballooned to Rs 2,707.63 lakhs, leading to a loss before tax of Rs 2,228.78 lakhs, much wider than Rs 304.42 lakhs loss in FY24. After a tax credit of Rs 174.03 lakhs, net loss stood at Rs 2,054.75 lakhs versus Rs 331.74 lakhs earlier, with EPS at Rs (0.24). Total assets shrank sharply from Rs 9,466 lakhs to Rs 4,084 lakhs. The statutory auditor issued an unmodified (clean) opinion on the results.
Shareholders face a steep rise in losses and erosion of net worth — other equity is now negative at Rs (4,432) lakhs, meaning accumulated losses exceed share capital. Sharp cost increases, declining core revenue, and heavy cash burn from operations signal serious financial stress despite the clean audit opinion.