STATEMENT OF DEVIATION OR VARIATION
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Awaiting price reaction for this filing.
LE Lavoir Limited filed its unaudited financial results for Q3 FY26 (quarter ended December 31, 2025) along with a deviation statement on fund use. On a standalone basis, revenue from operations fell to Rs 55.99 lakhs (vs Rs 59.21 lakhs in Q3 FY25), but profit after tax rose to Rs 39.51 lakhs (vs Rs 32.03 lakhs), boosted by higher other income. For the 9-month period, standalone revenue from operations dropped sharply to Rs 138.45 lakhs (vs Rs 217.22 lakhs) though PAT still grew to Rs 124.11 lakhs. On a consolidated basis, results improved dramatically as three new subsidiaries (in agricultural products) contributed: Q3 revenue from operations jumped to Rs 350.29 lakhs and consolidated PAT to Rs 70.02 lakhs. The company reported no deviation in the use of Rs 10.46 crore raised via a preferential issue of 15.81 lakh convertible warrants at Rs 264.75 each in October 2025, earmarked for machinery (Rs 250L), working capital (Rs 446.48L) and general corporate purposes (Rs 350L). The auditor issued an unqualified review report.
Clean auditor review and on-track use of warrant proceeds are positive for confidence, but investors should note the divergence: standalone laundry business revenue is shrinking sharply, while headline growth is entirely driven by newly consolidated agricultural subsidiaries — a material shift in the company's business mix.