Enclosed herewith financial result for the June Quarter 30.06.2025
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Lexoraa Industries Ltd (formerly Servoteach Industries) reported revenue of ₹154.46 lakhs for Q1 FY26 (quarter ended June 30, 2025), but posted a net loss of ₹4.16 lakhs versus a loss of ₹3.02 lakhs in Q4 FY25 and ₹20.47 lakhs in Q1 FY25. Total expenses stood at ₹257.95 lakhs, leading to a loss before tax of ₹4.16 lakhs; EPS was ₹(0.11) per share. The company also announced the appointment of Mr. Sagar Shah as an Additional Non-Executive Independent Director for a 5-year term, while Independent Director Mr. Pranam Harish Mehta resigned citing pre-occupation and personal commitments. Additionally, Company Secretary and Compliance Officer Mr. Kalpesh Chandrakant Joshi resigned, triggering reconstitution of the Audit, Stakeholder Relationship, and Nomination & Remuneration Committees. M/s. GMJ & Associates was appointed as Secretarial Auditor for FY 2024-25.
The company continues to report losses with revenue significantly exceeding profits, indicating ongoing operational stress for shareholders. Multiple key management exits (Independent Director and Company Secretary) on the same day may raise governance concerns and could affect short-term stock sentiment.