Announced Mon, 9 Feb · 16:36 IST

Please find enclosed herewith Outcome of the Board meeting of the Company held on February 09, 2026.

Auditor Resigned MidtermManagement Changes View source PDF

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AI summary

Laffans Petrochemicals' board met on February 9, 2026 and approved unaudited standalone financial results for Q3 and nine months ended December 31, 2025. The company swung back to a profit of Rs 156.26 lakhs in Q3 FY26 from a loss of Rs 203.88 lakhs in Q3 FY25, though revenue from operations fell to Rs 96.03 lakhs from Rs 108.66 lakhs. For nine months FY26, profit after tax stood at Rs 366.05 lakhs versus Rs 444.43 lakhs in the same period last year, with EPS of Rs 4.59 versus Rs 5.55. The board also accepted the resignation of M/s Zankhana Bhansali & Associates as Secretarial Auditor citing pre-occupancy with other professional work. Statutory auditor Praveen Lokwani & Co. issued an unqualified limited review report.

Likely market impact

The Q3 swing to profit is encouraging, but the decline in nine-month earnings and weak core revenue suggest the full-year performance may remain below FY25 levels. The secretarial auditor's exit is routine and unlikely to affect business or governance.