Lovable Lingerie Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Lovable Lingerie reported flat revenue at Rs 4,217 Lacs for FY26 vs Rs 5,219 Lacs in FY25 — a decline of about 19%. However, profit from continuing operations surged sharply to Rs 798 Lacs from Rs 179 Lacs, driven by significant cost reduction: employee costs fell by Rs 658 Lacs and material costs by Rs 404 Lacs. The company also reduced borrowings by Rs 598 Lacs (69% decline) and improved inventory position. Operating cash flow came in at Rs 168 Lacs vs Rs 573 Lacs last year. The auditor issued an unmodified (clean) opinion. Discontinued operations recorded a loss of Rs 103 Lacs, compared to a much larger Rs 464 Lacs loss in the prior year, showing improvement.
Revenue decline is a concern, but sharp cost-cutting has more than doubled profitability from continuing operations. The company's deleveraging is positive for balance sheet health, though declining operating cash flow warrants monitoring.