Lakshmi Finance Reports Q1 2026 Unaudited Results; Board Approves AGM Notice
Lakshmi Finance & Industrial Corporation Limited has released its Unaudited Financial Results for the first quarter ended June 30, 2026. The company's Board of Directors held a meeting on August 12, 2026, where they reviewed and approved the results, as well as the Directors' Report and the Notice for the Annual General Meeting (AGM) scheduled for September 29, 2026.The management also took note of the Limited Review Report provided by the company’s auditors on these interim results.
Financial Performance Snapshot
The Unaudited Financial Results reflect a mix of strong revenue generation from investments and expenses incurred during the period. All figures are presented in Lakhs.The table below details key operational and financial metrics for Lakshmi Finance across three periods: Q1 ended June 30, 2026 (Unaudited), Q4 ended March 31, 2026 (Audited), and Q1 ended June 30, 2025 (Unaudited).
| Particulars | Q1 Ended June 30, 2026 (Unaudited) | Q4 Ended March 31, 2026 (Audited) | Q1 Ended June 30, 2025 (Unaudited) |
|---|---|---|---|
| Interest Income | 14.39 | 17.40 | 16.88 |
| Dividend Income | 28.37 | 102.65 | 28.33 |
| Net Gain on Sale of Financial Instruments | 32.61 | 66.43 | 1141.18 |
| Net Gain on fair value changes | 524.58 | - | 377.37 |
| Rental Income from Investment Property | 13.08 | 13.70 | 12.65 |
| Total Revenue from Operations | 613.03 | 200.18 | 546.41 |
| Other Income | 0.13 | 3.50 | 0.14 |
| Total Revenue | 613.16 | 203.68 | 546.55 |
| Employee benefits expense | 37.72 | 68.64 | 34.81 |
| Finance costs | 0.49 | 0.56 | 0.80 |
| Net Loss on fair value changes | - | 593.66 | - |
| Depreciation and amortisation expense | 4.59 | 4.87 | 4.89 |
| Other Expenses | 6.89 | 6.09 | 5.85 |
| Total expenses | 49.69 | 673.82 | 46.35 |
| Profit/(Loss) before Tax | 563.47 | (470.14) | 500.20 |
| Current tax expense | 8.00 | 20.00 | 21.00 |
| Deferred tax expense | 151.12 | (214.39) | 104.74 |
| Net Profit/(Loss) | 404.35 | (277.14) | 374.46 |
Operational Highlights and Notes
The company confirmed that it is primarily engaged in financial activities, specifically Portfolio Investments. Given that all current activities relate to the main business, there are no reportable segments as per Ind AS-108.In addition to the financial review, the company noted ongoing legal proceedings initiated before the District Court, Adoni (AP), intended to regain possession of lands worth Rs. 11.59 lakhs from trespassers.
Regarding taxation, the management stated that the Minimum Alternative Tax (MAT) credit amounting to Rs. 139.30 lakhs was not recognized as at June 30, 2026, in the books of account due to the lack of convincing evidence that the Company will pay normal Income Tax in the near future. The situation is subject to review at year-end.
The results were subjected to a Limited Review by independent auditors and have been approved by the Board of Directors.
LFIC Stock Price Movement
On Wednesday, shares of Lakshmi Finance & Industrial Corporation Limited rallied, gaining ₹1.27 and closing at ₹141.80 after trading saw solid performance. The stock recorded 4,439 shares in its exchange activity for the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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