In continuation to the intimation made on 09.11.2025, we wish to inform you that Board of Directors in its meeting held today the 14th day of November, 2025 the board meeting commenced ....
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Awaiting price reaction for this filing.
The Board of Directors of LWS Knitwear Ltd approved the unaudited financial results for the quarter ended 30 September 2025 along with the Limited Review Report from statutory auditors. Revenue from operations for Q2 FY26 was about Rs. 2,650.46 lakhs versus around Rs. 4,806.02 lakhs in Q2 FY25, a year-on-year drop of roughly 45%. Half-yearly profit after tax stood at about Rs. 56.81 lakhs against Rs. 252.74 lakhs in H1 FY25, a sharp contraction. The statutory auditor (Parmod G. Gupta & Associates) issued an unmodified (clean) opinion on the results. The company also updated its Related Party Transactions Policy and confirmed there are no related party transactions, no fund-raising activities, and no loan defaults during the period.
The steep fall in both revenue (~45% YoY) and profit (~77% YoY for the half year) signals significant business headwinds for the small-cap knitwear maker, which may weigh on the stock. The clean audit opinion and absence of loan defaults or related-party concerns provide some comfort, but the weak operating performance is a clear red flag for investors.