BSELKP Securities LtdHighNegative
Announced Tue, 3 Feb · 19:47 IST

Outcome of Board Meeting

Kmp ResignedManagement Changes View source PDF

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AI summary

LKP Securities' board met on February 3, 2026 and approved the unaudited standalone and consolidated financial results for Q3 and nine months ended December 31, 2025. On a standalone basis, total income for Q3 stood at Rs. 2,448.18 lakhs with a profit after tax of Rs. 57.52 lakhs, while for the nine months it was Rs. 7,915.03 lakhs and Rs. 787.07 lakhs respectively. Consolidated figures were slightly higher with Q3 PAT of Rs. 96.49 lakhs and 9M PAT of Rs. 803.28 lakhs. Statutory auditors MGB & Co. LLP issued an unqualified limited review report on the results. Additionally, Mr. Sahil Gurav resigned as Company Secretary and Compliance Officer (a Key Managerial Personnel role), effective the same day, citing an outside career opportunity.

Likely market impact

The results show a sequential drop in profitability compared to Q2 FY26 (Q3 PAT fell from Rs. 268.58 lakhs to Rs. 57.52 lakhs standalone), which investors may view negatively. The Company Secretary departure, while a KMP-level change, was voluntary and on good terms, and the board will need to appoint a replacement soon to ensure compliance continuity.