Latteys Industries Limited Approves Q1 Financials, Appoints Internal and Cost Auditors for 2026-27
Latteys Industries Limited announced that its Board of Directors had approved the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The board meeting also formalized key appointments for the coming financial year.The company's performance during the first quarter of the fiscal year shows specific figures across key operational areas, as detailed in their results for the period ending June 30, 2026.
Key highlights from the unaudited financial results for the quarter ending June 30, 2026:
| Particulars | Figure (June 30, 2026) |
|---|---|
| Revenue from Operations | 3,868.74 |
| Other Income | 5.28 |
| Total Income | 3,874.02 |
| Cost of Material Consumed | 3,240.24 |
| Employee Benefit Expense | 232.68 |
| Finance Cost | 43.61 |
| Profit before tax | 167.89 |
The results were noted by the Board after the Audit Committee reviewed them in a meeting held on August 13, 2026.
Appointments of Key Auditors
During the board meeting, the Directors approved two significant appointments for the financial year 2026-27, both made based on the recommendation of the Audit Committee.M/s Ashish Sheth & Associates, Chartered Accountants, were appointed as the Internal Auditor for the Financial Year 2026-27. Similarly, M/s Priyank Patel & Associates, Practicing Cost Accountants, were appointed as the Cost Auditor for the same financial year. The remuneration payable to the Cost Auditor was approved by the Board and is subject to ratification by Members at the ensuing Annual General Meeting.
Limited Review and Compliance
The company also took note of the Limited Review Report issued by M/s Piyush J Shah & Co., Chartered Accountants, regarding the aforementioned financial results. This report reviewed the unaudited statement prepared in accordance with Indian Accounting Standard 34 (Interim Financial Reporting). The Audit Committee reviewed these results before their approval by the Board on August 13, 2026.LATTEYS Stock Price Movement
Latteys Industries Limited gained today, rallying by 1.39% to settle at ₹20.37 in post-market trading. The stock saw a traded volume of 27,789 shares during the session, contributing to its upward movement.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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