Laxmi Dental Limited has informed the Exchange regarding Appointment of Ms S.H.B.A & Co. LLP as Other of the company w.e.f. April 01, 2025.
LAXMIDENTL · price
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Laxmi Dental's board, meeting on August 12, 2025, approved unaudited Q1 FY26 results (consolidated and standalone). Consolidated revenue from operations grew to ₹643.21 million (from ₹591.06 million in Q1 FY25), with total income at ₹673.19 million. However, profit after tax fell sharply to ₹73.08 million versus ₹144.60 million a year ago, largely because Q1 FY25 had a one-time exceptional gain of ₹66.17 million from sale of an investment property. Basic EPS stood at ₹1.53 versus ₹3.38 last year. The board also re-appointed M/s. S.H.B.A & Co. LLP (formerly Bathiya & Associates LLP) as Internal Auditor for FY 2025-26. Additionally, Rich Smile Design LLP has ceased operations, and the board approved acquiring ~49% stake in IDBG AI Dent Global Private Limited for up to ₹13.72 million.
Revenue growth is modest but profits look weak on a YoY basis due to the absence of last year's exceptional item — investors should focus on underlying operating performance. The new acquisition and subsidiary rationalisation signal strategic focus on core business, while ₹658 million of IPO proceeds remain unutilised in fixed deposits.