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Le Lavoir Limited reported its Q3 FY26 and nine-month financial results on a standalone and consolidated basis. On a standalone basis, revenue from operations for the quarter stood at Rs 55.99 lakhs versus Rs 59.21 lakhs in Q3 FY25, while nine-month revenue declined to Rs 138.45 lakhs from Rs 217.22 lakhs, a drop of about 36%. Standalone profit after tax for Q3 was Rs 39.51 lakhs (vs Rs 32.03 lakhs YoY) and Rs 124.11 lakhs for the nine months (vs Rs 107.14 lakhs). On a consolidated basis, including its three subsidiaries in agricultural products, Q3 revenue from operations jumped to Rs 350.29 lakhs and nine-month PAT rose sharply to Rs 174.95 lakhs (vs Rs 107.14 lakhs, up about 63%). The company also confirmed receipt of Rs 10.46 crores (25% of consideration) from a preferential allotment of convertible warrants made in October 2025, to be used for machinery purchase, working capital and general corporate purposes with no deviation reported.
The standalone core laundry business is slowing with revenue declining meaningfully, though PAT remains supported by other income. Consolidated numbers are boosted by the newly included agricultural subsidiaries, showing strong profit growth. Shareholders should note the dilution risk from the convertible warrants and watch the core dry cleaning segment closely.