Outcome of Board Meeting

Revenue DeclinePat Growth 25pctEmphasis Of MatterResults View source PDF

LANDSMILL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Landsmill Green Limited held its Board meeting on May 26, 2026, and approved the audited standalone and consolidated financial results for FY ended March 31, 2026. The company's standalone revenue declined significantly from Rs 1,933.16 Lacs to Rs 1,277.48 Lacs (down 34%), while consolidated revenue fell from Rs 1,884.29 Lacs to Rs 1,240.47 Lacs. Despite the revenue decline, standalone net profit improved from Rs 129.38 Lacs to Rs 141.36 Lacs, and consolidated net profit rose from Rs 69.14 Lacs to Rs 93.94 Lacs. The statutory auditors issued an unmodified opinion on consolidated results, though the standalone auditor's report contains an emphasis of matter paragraph. The company also announced the opening of the trading window from May 29, 2026.

Likely market impact

The company reported lower revenue but improved profitability, indicating better cost management. The presence of an emphasis of matter paragraph in the standalone audit report may warrant investor attention, though the unmodified opinion suggests no material concerns about the financial statements.