Announced Mon, 9 Feb · 16:35 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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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Laffans Petrochemicals' Board, meeting on February 9, 2026, approved its unaudited standalone financial results for Q3 and nine months ended December 31, 2025. The company swung to a profit of Rs 156.26 lakhs in Q3 FY26 from a loss of Rs 431.17 lakhs in the previous quarter, though revenue from operations fell sharply to Rs 96.03 lakhs (vs Rs 177.74 lakhs in Q2). For the nine months, profit after tax stood at Rs 366.95 lakhs (down from Rs 444.43 lakhs a year earlier), with EPS of Rs 4.59. The Board also accepted the resignation of M/s. Zankhana Bhansali & Associates as Secretarial Auditor, citing pre-occupancy with other professional commitments, effective the same day.

Likely market impact

The quarterly return to profitability is a positive signal, but the sharp drop in operating revenue and the resignation of the secretarial auditor (though routine) may warrant minor governance attention. Overall, results suggest a volatile, small-scale trading business with no major red flags for shareholders.