Laxmi Cotspin Limited has informed the Exchange about Copy of Newspaper Publication
LAXMICOT · price
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Laxmi Cotspin Limited published its audited financial results for the quarter and year ended March 31, 2026, in Business Standard and Marathwada Andolan newspapers on May 23, 2026. Consolidated total income for FY2026 was ₹15,404.58 Lakhs, essentially flat versus previous year's ₹15,370.73 Lakhs. The company turned profitable with net profit after tax of ₹45.24 Lakhs compared to a loss of ₹220.06 Lakhs in FY2025. However, Q4 FY2026 showed a loss of ₹143.62 Lakhs due to a weak December quarter. Standalone profit after tax for FY2026 was ₹46.78 Lakhs versus a loss of ₹118.15 Lakhs in FY2025. EPS (diluted) for FY2026 was ₹0.27 per share.
The company achieved a turnaround in FY2026, returning to profitability after losses in the previous fiscal year, which is a positive development for shareholders. However, the Q4 loss raises concerns about operational performance in the second half of the year.