Announced Mon, 9 Feb · 16:50 IST

Please find enclosed the financial results for the quarter and nine months ended December 31, 2025.

Auditor Resigned MidtermManagement Changes View source PDF

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AI summary

Laffans Petrochemicals Limited reported its unaudited financial results for the quarter and nine months ended December 31, 2025. The company swung back to a net profit of ₹156.26 lakhs in Q3 FY26, recovering from a loss of ₹431.17 lakhs in the previous quarter, on total revenue of ₹320.44 lakhs. For the nine months of FY26, total revenue fell sharply to ₹879.05 lakhs from ₹1,445.96 lakhs in the same period last year, while net profit dropped to ₹366.95 lakhs from ₹444.43 lakhs. Basic EPS stood at ₹1.95 for the quarter and ₹4.59 for nine months. Separately, M/s. Zankhana Bhansali & Associates resigned as Secretarial Auditor citing pre-occupancy, while statutory auditor M/s. Praveen Lokwani & Co. issued an unqualified limited review report.

Likely market impact

The return to profitability in Q3 is encouraging for shareholders, but the significant year-on-year decline in both revenue and nine-month profit indicates business headwinds. The secretarial auditor exit is a routine governance matter and not a red flag, though investors may watch for any further changes in the auditor lineup.