Lakshmi Finance & Industrial Corporation Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
LFIC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Lakshmi Finance & Industrial Corporation reported Q1 FY26 results with total revenue of ₹546.55 lakhs, down from ₹676.53 lakhs in Q1 FY25 — a decline of about 19% year-on-year. Net profit for the quarter stood at ₹374.46 lakhs versus ₹477.20 lakhs in the same quarter last year, with EPS of ₹12.48 (vs ₹15.91). The profit this quarter was largely driven by a Net Gain on Fair Value Changes of ₹377.37 lakhs; without this non-cash, volatile item, earnings would have been much weaker. The Limited Review Report by Brahmayya & Co. is clean with no qualifications. The Board also approved the AGM for September 27, 2025, appointed a new Additional Director, and re-appointed K. Harishchandra Prasad as Managing Director effective April 1, 2026.
Earnings declined both in revenue and profit versus the year-ago quarter, and the headline profit figure is propped up by fair value gains on investments, which are inherently volatile and not cash earnings. Shareholders should view the quarter cautiously given the dependence on mark-to-market gains and the year-on-year earnings dip.