LOVABLE: Lovable Lingerie Limited has informed the Exchange regarding the outcome of the Board Meeting held on February 13, 2026 (as per NSE reminder updation in the Regulation 30A Outcome of Board Meeting tab).
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Awaiting price reaction for this filing.
Lovable Lingerie reported Q3 FY26 revenue from operations of Rs. 1,053.28 lacs, up about 26% from Rs. 834.04 lacs in the same quarter last year, driven by lower material costs and sharply reduced employee and other expenses. The company swung to a profit of Rs. 269.68 lacs in continuing operations from a loss of Rs. 265.39 lacs a year ago, helped by a Rs. 24.95 lacs exceptional item. However, discontinued operations dragged the picture with a loss of Rs. 215.75 lacs, leaving net profit for the quarter at Rs. 53.93 lacs versus a Rs. 265.39 lacs loss last year. For the nine months ended December 2025, revenue grew about 5% to Rs. 3,589.02 lacs and continuing-operations profit came in at Rs. 402.92 lacs versus a Rs. 183.11 lacs loss in the prior period. The statutory auditor (D M K H & Co.) issued an unqualified limited review report with no qualifications.
Strong operational turnaround in the core business with double-digit revenue growth and a return to profit, but heavy losses from discontinued operations are eating into overall earnings. Net result is a slim positive, which may limit near-term upside but signals improving underlying health of the continuing business.