The Board in its meeting held today have approved and taken on records Unaudited Financial Results for the quarter ended 31st December 2025
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Awaiting price reaction for this filing.
Ludlow Jute posted a strong turnaround in Q3 FY26 (quarter ended 31 Dec 2025). Revenue from operations nearly tripled year-on-year to Rs 13,552 lakhs versus Rs 5,236 lakhs in Q3 FY25, a jump of about 159%. For the nine months ended December 2025, revenue rose to Rs 38,370 lakhs from Rs 20,011 lakhs in the same period last year, up roughly 92%. The company swung to a profit of Rs 343 lakhs in Q3 FY26 from a loss of Rs 260 lakhs a year ago, while the nine-month profit jumped to Rs 1,478 lakhs versus a loss of Rs 1,308 lakhs previously. EPS for the quarter stood at Rs 3.18 against a loss per share of Rs 2.41 last year. Statutory auditors M/s. JKVS & Co. issued an unqualified limited review report with no modified opinion. The Board also flagged the new Labour Codes effective 21 November 2025 but said no material incremental liability is expected at this stage.
Sharp jump in revenue, strong rebound from losses to profits, and a clean auditor opinion are positive signals for shareholders. The stock could see positive sentiment, though part of the low-base effect comes from a weak Q3 FY25. Investors should watch sustainability of volumes, jute goods pricing, and any updates on Labour Code impact in the full-year results.