Lypsa Gems & Jewellery Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
LYPSAGEMS · price
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The company reported revenue from operations of Rs 1,472.38 lakh for FY2026, down from Rs 1,668.76 lakh in FY2025, representing an 11.76% revenue decline. However, the company swung from a loss of Rs 1,519.32 lakh (PBT) in FY2025 to a profit of Rs 171.02 lakh in FY2026. The turnaround was largely due to Rs 1,524 lakh in bad debts written off in the previous year. Total expenses dropped significantly to Rs 1,424.40 lakh from Rs 3,188.08 lakh. The auditor issued an unmodified opinion, confirming clean accounts. The company changed its name from Lypsa Gems & Jewellery Limited to Aurus Gem Corporation Limited.
The stock shows a positive turnaround from heavy losses, but the underlying business is shrinking with an 11.76% revenue decline. Negative other equity of Rs 1,131.42 lakh indicates accumulated losses. Shareholders should monitor if profitability improvement is sustainable or merely a one-time benefit.