Audited standalone and Consolidated financial results
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
LE Lavoir Limited reported strong profit growth with consolidated PAT rising 66% to Rs 223.69 Lakhs (standalone PAT grew 23% to Rs 165.94 Lakhs). Consolidated revenue from operations jumped 150% to Rs 664.47 Lakhs due to newly consolidated agricultural subsidiaries (Ghantiram Foods, Shree Vrajendra Foods, Tech Riser). Standalone revenue declined 25% to Rs 199.54 Lakhs as the core dry cleaning business contracted. The company raised significant capital via share warrants (Rs 895.58 Lakhs) and short-term borrowings increased 10x to Rs 395.72 Lakhs. However, operating cash flows turned sharply negative at Rs 382 Lakhs standalone and Rs 924 Lakhs consolidated, indicating a major working capital or cash collection issue. Total assets more than doubled to Rs 3,217 Lakhs. EPS improved to Rs 6.88 consolidated.
While profit growth is strong and the company expanded into new agricultural segments, the massive negative operating cash flow despite growing profits raises concerns about cash conversion quality and liquidity risk. The significant increase in borrowings alongside negative cash flows warrants careful monitoring of debt servicing ability.