Announced Mon, 22 Jun · 17:55 IST
Lykis Ltd FY26 annual report: profit doubles, new management
Price
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Price reaction · full curve 14 horizons · vs prior close
+0.6%1-day move
₹44.50
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AI summary
Lykis Ltd's FY26 annual report shows standalone net profit doubling to Rs 371.74 lakhs from Rs 147.89 lakhs. Consolidated revenue grew about 32% to Rs 39,661.76 lakhs, with consolidated net profit at Rs 647.51 lakhs versus Rs 261 lakhs prior year. New management took over after an open offer; Jitendra Kumar Ranka appointed Chairman and MD in May 2026. The company exited associates Lykis Biscuits and Lykis Packaging. No dividend was declared.
Likely market impact
Strong profit growth and new management signal a fresh direction; no dividend may disappoint income-focused shareholders.