Announced Thu, 12 Feb · 14:46 IST

Unaudited Financial Results for the quarter and nine months ended 31.12.2025

Revenue Growth 20pctPat Growth 25pctExceptional ItemResults View source PDF

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AI summary

Lakshmi Mills reported unaudited Q3 FY26 results (quarter ended 31.12.2025) with revenue from operations of Rs 6,789.57 lakhs, up about 23% from Rs 5,502.98 lakhs in Q3 FY25. Profit after tax for the quarter stood at Rs 257.76 lakhs, a strong turnaround from a loss of Rs 587.38 lakhs in the year-ago quarter. For the nine-month period, revenue was Rs 17,559.33 lakhs (down from Rs 19,813.37 lakhs last year), but PAT swung from a loss of Rs 3,608.21 lakhs to a profit of Rs 2,355.73 lakhs, driven mainly by the Rental Services segment. The board approved Rs 91 crore for the 3rd phase of the Rental Services Project and recommended re-appointment of CMD S. Pathy for another 5 years. The statutory auditor (Subbachar & Srinivasan) issued an unqualified/unmodified opinion, with no material misstatements noted.

Likely market impact

The sharp swing from loss to profit and the strong Q3 revenue growth in both Textiles and Rental Services are positive signals for shareholders. The Rs 91 crore capital deployment into the rental business shows management's confidence in this segment, which has been the key earnings driver. Investors should note the 9-month revenue dip in Textiles but overall improving profitability trend.