Outcome of Board Meeting held on 29th May 2026
LOVABLE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lovable Lingerie Limited reported audited financial results for FY2026. Revenue from operations declined to ₹4,217.21 Lacs from ₹5,219.33 Lacs in the previous year, a drop of about 19%. However, Profit After Tax surged significantly to ₹798.39 Lacs compared to ₹178.65 Lacs in FY2025, driven by cost reduction measures and higher other income. The company turned profitable at PBT level (₹63.71 Lacs vs loss of ₹406.79 Lacs). EPS from continuing operations improved to ₹5.39 from ₹1.21. The statutory auditor issued an unmodified opinion, and the company declared the audit report as unqualified.
The sharp PAT growth despite revenue decline indicates improved operational efficiency and cost management. Shareholders may view this positively as the company returned to profitability after significant losses in the previous year.