BSELippi Systems Ltd-$MediumNeutral
Announced Tue, 12 Aug · 18:09 IST

Result - financial result for 30th june 2025

Pat NegativeRevenue DeclineResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Lippi Systems reported a net loss of INR 22.08 lakhs for Q1 FY26 (quarter ended June 30, 2025), wider than the INR 17.42 lakhs loss in the same quarter last year. Total income rose marginally to INR 12.96 lakhs from INR 12.75 lakhs, but expenses stayed high at INR 40.65 lakhs, keeping the company loss-making. The core Roto Gravure Printing Cylinder manufacturing segment recorded zero revenue, with only the wind power segment (INR 7.89 lakhs, down from INR 13.55 lakhs YoY) generating any operating income. Separately, the Board approved in-principle disposal of the company's two 0.75 MW wind turbines in Jamnagar (which contributed nearly 70% of FY25 revenues and ~52% of net worth), subject to shareholder approval via special resolution at the September 30, 2025 AGM. Statutory auditors issued an unmodified (clean) limited review opinion.

Likely market impact

Shareholders should note that the company remains persistently loss-making and is looking to sell its only revenue-generating asset (wind turbines), which raises questions about its future operating model. The disposal needs shareholder approval, and the consideration will not be less than book value, but the strategic direction after selling the wind farm is unclear.