Lakshmi Finance & Industrial Corporation Limited Announces Financial Results for FY2025-26, Recommends Dividend and Key Appointments

Lakshmi Finance & Industrial Corporation Limited Announces Financial Results for FY2025-26, Recommends Dividend and Key Appointments​

Lakshmi Finance & Industrial Corporation Limited (LFIC) has released its audited financial results and board resolutions for the financial year ending March 31, 2026. The company announced the recommendation of an annual dividend and confirmed several key managerial appointments following a Board meeting held on May 28, 2026.

The LFIC’s Board approved the audited financial outcomes and recommended paying an Annual Dividend of Rs. 2.50 per equity share. This amount represents a 25% return on the face value of the equity shares, which is priced at Rs. 10 each. The dividend payment remains subject to approval by shareholders at the subsequent Annual General Meeting.

Key Corporate and Financial Updates​

The Board meeting also saw several important appointments:

• Dr. D.Nageswara Rao (DIN: 02009886) was appointed as the nonexecutive Chairman of the Board.
• Smt. M.Madhavi Latha was appointed as the Chief Financial Officer (CFO).
• M/s. M.Bhaskara Rao & Co., Chartered Accountants, were appointed as the Internal Auditor for the Financial Year 2026-27.

The company’s primary business involves financial activities, specifically portfolio investments. The Board of Directors also reviewed and approved the results based on recommendations from the Audit Committee.

Snapshot of Financial Performance (Q1/YTD March 31, 2026)​

LFIC reported its performance for the quarter ending March 31, 2026. Key figures derived from the consolidated financial statements are provided below:

Financial Position and Cash Flow Highlights​

The company’s financial stability as of March 31, 2026, shows a certain level of assets and liabilities. The Balance Sheet data in lakhs is summarized as follows:


Analysis of the Cash Flow Statement for the year ended March 31, 2026 showed that Net cash flow from operating activities was (1,61,46,412). This was contrasted by Cash flows from investing activities which totaled a positive 2,23,40,080.

Operational and Compliance Details​

The company’s operational notes confirmed that it has no subsidiaries or associate companies as of March 31, 2026. The management noted that the company has initiated legal proceedings before the District Court in Adoni (AP) to regain possession of land costing Rs. 11.59 lakhs from trespassers.

Furthermore, the company reported that Qualified Borrowings were NIL both on April 1, 2025, and March 31, 2026, with zero incremental borrowing recorded during the financial year.

Audit Report Correction Issued​

Separate information revealed that a statutory error was found in the original audit report. The company’s auditors had inadvertently mentioned 'Incon Engineers Limited' instead of 'Lakshmi Finance & Industrial Corporation Limited'. The Statutory Auditors have since rectified this error and issued a revised Audit Report correctly reflecting the name of "Lakshmi Finance & Industrial Corporation Limited." This revised report has been submitted for record purposes.

LFIC Stock Price Movement​

As of 12:41 PM, shares of Lakshmi Finance & Industrial Corporation Limited are edging higher to ₹153 as they gain 3.79% in live trading. The stock trades within the day's range established since the open, with a volume of 8,355 shares recorded so far.