Laxmi Dental Limited has submitted to the Exchange, the audited financial results (standalone and consolidated) for the quarter and financial year ended March 31, 2026.
LAXMIDENTL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Laxmi Dental Limited reported audited standalone FY26 results with revenue from operations growing 21.8% to INR 2,060.4 million from INR 1,691.6 million in FY25. However, profit after tax declined 25% to INR 193.4 million from INR 257.8 million in FY25. The profit decline was driven by an exceptional charge of INR 51.6 million due to increased gratuity provisions from new labour codes, along with higher employee costs and material expenses. On consolidated basis, revenue grew 14.8% to INR 2,715 million with PAT declining 17% to INR 264.3 million. The company has filed for merger of its subsidiary Bizdent Devices Private Limited with itself, and holds IPO funds of INR 546.6 million in fixed deposits pending utilization extension. Auditors issued an unmodified opinion with no going concern issues.
The 25% decline in standalone PAT despite revenue growth signals margin pressure from higher input costs and new labour regulations. The INR 51.6 million exceptional charge from labour codes could repeat in future. However, strong revenue growth indicates business expansion. The pending IPO fund utilization extension and subsidiary merger await regulatory approvals.