Board meeting outcome
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Lexoraa Industries' board approved the unaudited financial results for Q2 and H1 FY26 (ended September 30, 2025). Total income from operations surged to Rs 278.79 lakhs in Q2 FY26, up sharply from Rs 25.73 lakhs in Q2 FY25. H1 FY26 revenue stood at Rs 433.25 lakhs versus just Rs 25.73 lakhs a year earlier. Despite the strong revenue jump, the company stayed in the red with a net loss of Rs 10.08 lakhs in Q2 and Rs 14.42 lakhs for the half-year, versus Rs 10.48 lakhs and Rs 30.95 lakhs respectively in the prior-year periods. The auditor (Bakliwal & Co.) issued a clean limited review report with no qualifications. The balance sheet shows negative other equity of Rs 521.78 lakhs, with borrowings rising to Rs 164.77 lakhs.
The dramatic revenue growth is encouraging but the company continues to post losses and carries deeply negative reserves, signalling weak profitability and a stressed balance sheet — shareholders should weigh the top-line pickup against persistent bottom-line weakness.