LEXUSNSELexus Granito (India) LimitedMinimalNeutral
Announced Tue, 24 Feb · 17:46 IST

Lexus Granito (India) Limited has informed the Exchange regarding 'Submission of Financial Results for the Quarter Ended 31st December,2025 in Machine Readable Form'.

LEXUS · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Lexus Granito (India) Limited has submitted its unaudited financial results for the quarter and nine months ended 31 December 2025 in machine-readable format, after NSE had flagged the company on 17 February 2026 for non-compliance. Q3 FY26 revenue from operations fell to Rs 1,370.62 lakhs from Rs 1,912.77 lakhs in Q3 FY25, a drop of about 28%. The company swung to a much wider net loss of Rs 555.63 lakhs in Q3 FY26 compared to a marginal loss of Rs 0.49 lakhs a year earlier, and reported a loss per share of Rs 2.75 against Rs 0.04 earlier. For the nine-month period, revenue declined to Rs 5,033.97 lakhs (from Rs 5,428.12 lakhs) and loss before tax widened sharply to Rs 889.49 lakhs (from Rs 153.86 lakhs). The company also allotted 3,00,000 equity shares on 18 November 2025 on conversion of warrants at Rs 45.20 per share. Statutory auditors Keyur Shah & Associates issued an unmodified limited review report, noting no material misstatement.

Likely market impact

Negative for shareholders: revenues are shrinking and losses are deepening significantly versus last year, which is likely to weigh on sentiment and the stock price. The earlier NSE flag for non-submission of results is a minor compliance red flag, though the late filing has now been remedied.