Lykis Ltd FY26 annual report: profit doubles, new management
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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.
Strong profit growth and new management signal a fresh direction; no dividend may disappoint income-focused shareholders.