Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find enclosed herewith the following documents approved by the Board at ....
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The Lakshmi Mills Company reported audited financial results for Q4 and FY25, with revenue from operations rising to Rs 26,316.27 lakhs from Rs 25,296.90 lakhs in FY24 (about 4% growth). The company posted a net loss of Rs 1,379.25 lakhs for FY25, wider than the Rs 467.53 lakhs loss in FY24. Loss before tax, however, narrowed to Rs 718.91 lakhs from Rs 2,020.87 lakhs, helped by lower operating expenses. An exceptional gain of Rs 21.54 lakhs was recorded from compensation for compulsory land acquisition. The Board has not recommended any dividend for FY25, and statutory auditors Subbachar & Srinivasan issued an unmodified/unqualified opinion.
The widening bottom-line loss despite modest revenue growth is a negative signal for shareholders, though the improvement at the operating level before tax is a slight positive. No dividend means income-seeking investors get no payout this year.