Based on the approval of the audit committee and subject to requisite approvals, consents, sanctions and permissions as may be required in this regard, board of directors has approved the ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kovilpatti Lakshmi Roller Flour Mills Ltd has reported strong audited financial results for FY2026. Profit before tax surged to Rs. 1,015.55 lakhs compared to just Rs. 154.35 lakhs in FY2025, representing a massive 557% year-on-year increase. Total revenue for the period stood at Rs. 9,750.58 lakhs. Total assets grew to Rs. 19,336.67 lakhs from Rs. 16,756.71 lakhs previously. The company's net cash from operating activities was Rs. 262.87 lakhs, while finance costs were Rs. 903.26 lakhs. The statutory auditor Marimuthu & Associates has issued an unmodified (clean) opinion on these financial results, confirming compliance with accounting standards.
The sharp improvement in profitability is a strong positive signal for shareholders. The clean audit opinion adds credibility. However, high finance costs of Rs. 903.26 lakhs remain a concern for the flour milling business.