Please find enclosed herewith Outcome of the Board meeting of the Company held on November 11, 2025.
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Awaiting price reaction for this filing.
Laffans Petrochemicals' Board, on November 11, 2025, approved unaudited financial results for Q2 and H1 FY26 (ended September 30, 2025). Revenue from operations collapsed to Rs 177.74 lakhs in Q2 from Rs 457.78 lakhs a year ago (-61%), and total revenue turned negative at Rs (205.95) lakhs due to a Rs 383.69 lakh negative 'other income' (likely fair-value/mark-to-market loss). The company swung to a Q2 loss after tax of Rs (431.17) lakhs versus a profit of Rs 112.05 lakhs in Q2 FY25, with EPS of Rs (5.39). H1 FY26 PAT fell to Rs 210.64 lakhs from Rs 648.30 lakhs (-67%). Operating cash flow for H1 was negative at Rs (105.08) lakhs, and cash balance at end-September was just Rs 3.23 lakhs. Statutory auditor Parveen Lokwani & Co. issued an unqualified limited review report. Separately, Company Secretary Ms. Vaishali Narendra Rathod resigned citing pre-occupation, effective end of day November 11.
Sharply negative quarter — steep revenue drop, swing to a loss, and negative operating cash flow with thin cash reserves raise concerns about near-term financial health and the sustainability of profitability. Loss of the Company Secretary adds to governance overhang; expect the stock to react negatively on results day.