Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
LKP Securities announced unaudited standalone and consolidated results for Q2 FY26 and the half year ended September 30, 2025, approved by the Board on October 31, 2025. Standalone revenue from operations fell to about Rs. 643 crore in H1 FY26 from roughly Rs. 1,128 crore in H1 FY25, a decline of around 43% year-on-year. Standalone profit after tax dropped to about Rs. 7 crore (H1 FY25: ~Rs. 13 crore), and basic EPS slipped to Rs. 0.85 from Rs. 1.05. The cash flow statement shows the company used about Rs. 29 crore in operating activities during H1 FY26, continuing the negative trend seen last year. Statutory auditors MGB & Co LLP gave an unmodified limited review on both standalone and consolidated results. The Board also appointed Mr. Vineet Suchanti (Founder and MD of Keynote, 25+ years in investment banking) and Mr. Dara J. Kalyaniwala (former Head of Investment Banking at PL Capital and earlier at LKP Securities, 30+ years in capital markets) as Non-Executive Independent Directors for five years, subject to shareholder approval.
Weak broking-linked revenue and shrinking profits are negatives for the stock, while persistent negative operating cash flow remains a watch point. However, the addition of two senior capital markets professionals as independent directors is a positive governance step that could sharpen strategic direction.