Outcome of Board Meeting Held on 13-08-2025
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The Board of Directors of Lyons Corporate Market Ltd met on 13 August 2025 and approved the unaudited financial results for the quarter ended 30 June 2025 (Q1 FY26). Total income stood at Rs. 31.33 lakhs, up from Rs. 24.75 lakhs in the same quarter last year, driven mainly by interest income of Rs. 28.93 lakhs. The company reported a loss before tax of Rs. 1.19 lakhs, an improvement from the Rs. 5.24 lakh loss in Q1 FY25 but a sharp swing from the Rs. 45.14 lakh profit in Q4 FY25. EPS for the quarter stood at Rs. (0.03). Statutory auditor SRB & Associates issued an unmodified limited review report with no qualifications or emphasis of matter.
Although revenue grew year-on-year, the company remained in the red for the quarter, though losses narrowed compared to the year-ago quarter. The sequential dip from profit to loss is largely seasonal and unlikely to cause a major stock reaction; no negative audit flags were raised, keeping the limited review clean.