Pusuant to Regulation 33 of the SEBI (LODR) Regulations, 2015, please find enclosed the Audited Financial Results along with the Auditor''s Report for the fourth quarter and financial year ....
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Last Mile Enterprises Limited reported a massive surge in consolidated revenue to ₹2,59,242 lakhs in FY26 from ₹38,666 lakhs in FY25, driven almost entirely by its mobile accessories and gadgets segment. However, consolidated profit after tax slipped to ₹1,570 lakhs from ₹1,800 lakhs, and standalone profit fell sharply to ₹636 lakhs from ₹1,059 lakhs, indicating sharp margin compression as the business scaled. During the year, the company acquired two new subsidiaries — Last Mile Energy (76%) and Agrimile Solutions (51%) — and entered consumer durables and agri-allied segments. The auditor (HSK & Co LLP) issued an unmodified (clean) opinion on both consolidated and standalone results, and prior year figures were restated due to a subsidiary adopting Ind AS for the first time.
The dramatic top-line jump shows the company has successfully pivoted into a high-volume trading business, but shrinking profits mean shareholders should watch whether margins stabilize as the new segments ramp up. The acquisitions and new segments could be growth drivers, but near-term profitability is under pressure — especially on a standalone basis where revenue fell 60%.