BSESouthern Latex LtdMinimalNeutral
Announced Fri, 29 May · 17:32 IST

We herewith submit the Newspaper advertisement of Audited Financial Results for the Quarter and year ended 31st March,2026 which was approved at the Board Meeting held on 22nd May,2026.

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₹27.78
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AI summary

Southern Latex Ltd has submitted its audited standalone financial results for the quarter and year ended 31st March 2026. Total income for FY26 was Rs. 53.96 lakhs, nearly flat compared to Rs. 53.90 lakhs in FY25. However, net profit after tax improved significantly to Rs. 27.50 lakhs from Rs. 23.15 lakhs in the prior year. For Q4 FY26 alone, total income was Rs. 35.96 lakhs with net profit after tax of Rs. 24.65 lakhs. Earnings per share increased to Rs. 0.374 from Rs. 0.315 year-over-year. The company operates only in the coir sales segment. Reserves (excluding revaluation reserve) improved from negative Rs. (68.77) lakhs to negative Rs. (31.27) lakhs, indicating reduction in accumulated losses. The statutory auditors have expressed an unmodified opinion on these results.

Likely market impact

The company showed improved profitability with higher net profit and EPS despite flat revenue, and reduction in accumulated losses. However, the small scale of operations (revenue of ~Rs. 54 lakhs) limits investment appeal.