Revised Financials and Limited Review Report for September 2025
Awaiting price reaction for this filing.
Lord's Mark Industries (formerly Kratos Energy & Infrastructure) resubmitted its Q2 FY26 results after BSE flagged two compliance issues — the consolidated limited review report was missing Point 4 of the SEBI-prescribed format, and the standalone results were uploaded without the required director signature; both have now been rectified. The financial results cover only the period 24 September 2025 to 30 September 2025 (7 days), following the NCLT-approved amalgamation under INC-28 after the company's IBC resolution plan. On a standalone basis, the company reported total income of Rs 1,021.10 lakhs against total expenses of Rs 1,263.11 lakhs, posting a net loss of Rs 242.01 lakhs; consolidated figures showed total income of Rs 1,337.27 lakhs and a net loss of Rs 210.64 lakhs. Management clarified that the losses stem entirely from the legacy Kratos entity, while the newly amalgamated Lord's Mark business was actually profitable — Rs 102.70 lakhs standalone and Rs 134.06 lakhs consolidated for the 7-day window. The statutory auditor (Sanjeev S Gupta & Associates) issued an unmodified limited review report with no qualifications.
This is the first reported financial period post the IBC resolution and change of control, so numbers are not comparable to prior quarters. Headline losses may weigh on sentiment, but the underlying new business is profitable, and the clean auditor report removes an immediate governance overhang. Shareholders should watch for full-quarter results going forward for a clearer picture of the restructured business.