Lords Chloro Alkali Limited has informed the Exchange regarding 'Meeting update'. on items discussed in meeting
LORDSCHLO · price
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Lords Chloro Alkali's board approved its Q1 FY26 (quarter ended June 30, 2025) unaudited financial results, showing a strong jump in performance. Revenue from operations rose to Rs. 100.20 crore from Rs. 50.41 crore in Q1 FY25, while net profit climbed to Rs. 10.45 crore from Rs. 1.95 crore, and EPS improved to Rs. 4.15 from Rs. 0.78. The board also re-appointed Shri Sandeep Singh as an Independent Director for a second 5-year term starting September 1, 2025. Cost Auditor Goyal, Goyal & Associates was re-appointed for FY26, SSPK & Co. was appointed as Secretarial Auditor for a 5-year term (FY26–FY30), and the board approved raising the borrowing limit to Rs. 500 crore, subject to shareholder approval. The ESOP scheme was deferred to a later date.
Strong quarter with revenue nearly doubling and profit growing more than 5x year-on-year signals robust operational momentum and is positive for shareholders. The higher borrowing limit (up to Rs. 500 crore) suggests potential capacity expansion plans, while routine director and auditor re-appointments indicate board continuity with no governance concerns.