Please find enclosed the following documents approved by the Board at their meeting held on 18.05.2026: 1. Independent Auditors Report for the year ended 31.03.2026. 2. Audited Financial ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lakshmi Mills Company Ltd reported a net loss for FY 2025-26 ended March 31, 2026. Revenue from operations declined to Rs. 24,183.48 lakhs from Rs. 26,316.27 lakhs in the previous year, representing approximately 8% revenue decline. The company recorded a loss before tax of Rs. 718.91 lakhs. The textile segment reported a loss of Rs. 1,150.68 lakhs, while the rental services segment contributed a profit of Rs. 1,750.22 lakhs. Total comprehensive income showed a significant negative of Rs. 17,566.36 lakhs, largely due to deferred tax adjustments of Rs. 2,119.53 lakhs following adoption of the new tax regime under Section 115BAA. The statutory auditors gave an unmodified (clean) opinion. The board recommended a dividend of 10% (Rs. 10 per equity share of Rs. 100 each).
The company swung from profit (Rs. 730.22 lakhs PBT in FY24-25) to a loss in FY25-26, with an 8% revenue decline and negative profitability. Despite the loss, the company declared a dividend and received a clean audit opinion, which provides some comfort to shareholders. However, the declining financial performance and significant deferred tax write-offs are concerns.