Dear Sir, Pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Laffans Petrochemicals Ltd reported audited financial results for FY2026. Revenue from operations declined significantly to Rs. 493.53 Lacs from Rs. 816.10 Lacs in FY2025, representing a ~40% drop. Total income fell to Rs. 794.96 Lacs from Rs. 1,384.05 Lacs. Net profit after tax dropped to Rs. 41.34 Lacs from Rs. 200.40 Lacs in the previous year. The company's EPS declined from Rs. 2.50 to Rs. 0.51. The auditors issued an unmodified (clean) opinion but included an Emphasis of Matter noting that certain bank account statements, external confirmations, and reconciliations were not provided for verification, with management stating these accounts are non-operational and KYC formalities are pending with banks.
The company has seen a sharp decline in both revenue and profitability. The auditor's Emphasis of Matter regarding unverifiable bank accounts adds some uncertainty. Shareholders should monitor the company's ability to improve financial performance and clarify the bank account situation.