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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Lykis Limited's board approved standalone and consolidated unaudited financial results for Q3 and 9 months ended December 31, 2025, along with the limited review report from JASS & Co LLP. Standalone revenue from operations for Q3 FY26 was Rs 6,325.96 lakhs, nearly flat year-on-year, while standalone PAT surged to Rs 194.43 lakhs from Rs 1.86 lakhs in Q3 FY25. On a consolidated basis, Q3 FY26 revenue grew 14.4% YoY to Rs 9,061.28 lakhs and 9M FY26 PAT rose 37.4% to Rs 452.11 lakhs. The Audit Committee was reconstituted with Mr. Mitesh Agrawal as Chairman and three new members. A major disclosure revealed that promoters have entered a Share Purchase Agreement to sell 67.17% of share capital (1,30,14,966 shares) to Parshav Vatika LLP, triggering an open offer under SEBI takeover rules. The company also completed disposal of its associate companies and classified its trademark as an asset held for sale.
This filing flags a significant change of control with promoters exiting 67.17% of the company, which could lead to board reshuffling and strategic direction changes. Quarterly earnings show a strong profit rebound despite flat standalone revenue, which may support the stock in the short term, though investors should monitor the open offer process and post-acquisition plans closely.