Unaudited Financial Results for the quarter and half year ended Sep 2025 along with limited review report.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Lakshmi Mills reported weak top-line but stronger profitability for Q2 FY26. Revenue from operations fell about 19% year-on-year to Rs. 58.63 crore (from Rs. 72.55 crore), with total income down about 21% to Rs. 60.50 crore. Despite this, profit after tax more than doubled to Rs. 2.52 crore (from Rs. 1.14 crore), helped by lower raw material and finance costs. For the half year, the company swung to a small profit of Rs. 0.71 crore from a loss of Rs. 1.32 crore last year. The textiles segment remains in loss but improved sharply, while the rental services segment continued to drive profits. A large other comprehensive income gain of Rs. 41.66 crore in Q1 came from reclassification of gains on sale of FVOCI equity investments into retained earnings. Operating cash flow for H1 was negative at Rs. 6.67 crore, with the company selling investments to fund dividends and debt repayment. The statutory auditor issued an unqualified limited review report.
Mixed picture for shareholders: operational revenue is contracting, but margins and bottom line are improving on cost discipline. The profit turnaround is real but modest, while the large OCI gain and negative operating cash flow mean the headline earnings boost is largely a one-time investment portfolio reclassification rather than core business strength. Investors should watch whether textile volumes recover and whether rental income can sustain profitability.