Board of Directors at their meeting held on 11th February 2026 have approved the purchase of vacant lands admeasuring 3 acres (approx) situated at Puducherry and 5 acres (approx) situated ....
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The Board of Kovilpatti Lakshmi Roller Flour Mills approved unaudited results for Q3 and nine months ended December 31, 2025, with revenue from operations at Rs. 107.56 crore (Q3) and Rs. 311.00 crore (9M), slightly down from the previous year. Net profit for Q3 was Rs. 0.72 crore (vs Rs. 1.78 crore in Q3 FY25), while 9M net profit was Rs. 5.11 crore compared to a loss of Rs. 1.13 crore in the prior year, aided by an exceptional gain of Rs. 2.95 crore from an asset sale. The company operates two segments — Food (Rs. 85.21 crore Q3 revenue) and Engineering (Rs. 22.95 crore Q3 revenue). The Board also approved buying ~8 acres of vacant land in Puducherry (3 acres) and Coimbatore (5 acres) from unrelated parties for commercial purposes, with the price to be negotiated, and selling ~1 acre of unused land at Gangaikondan to a promoter-group entity for up to Rs. 2.75 crore.
The land purchases are purely for future commercial use with no immediate business impact, while the small land sale to a related party is classified as non-material. Q3 profitability weakened versus last year, though the nine-month turnaround is supported by a one-time asset sale gain, so investors should watch underlying operating trends.