Laxmi Cotspin Approves Audited Financial Results for March Quarter
Laxmi Cotspin Limited announced the outcome of its Board of Directors meeting held on May 22, 2026. During the meeting, the Board considered and approved the audited Standalone and consolidated Financial Results of the company for the Quarter/Financial Year ended March 31, 2026, along with the Limited Review Report issued by the statutory Auditors.The company, which operates in the cotton business, provided comprehensive financial statements covering the period ended March 31, 2026.
Financial Performance Highlights
The consolidated financial statements provide details on the company's performance, as shown below:Consolidated Statement of Profit and Loss
The following table summarizes the key figures for the company’s consolidated operations.| Particulars | March 31, 2026 (Audited) | March 31, 2025 (Audited) |
|---|---|---|
| Total Income | 15,404.58 | 15,370.79 |
| Revenue from operation | 1,727.53 | 15,067.21 |
| Other Income | 107.86 | 337.37 |
| Total Expenses | 15,595.38 | 15,863.09 |
| Cost of materials consumed | 1,204.65 | 12,561.18 |
| Changes in inventories | 55.81 | 257.27 |
| Employee Benefit Expenses and Finance costs | 165.84 | 741.82 |
| Depreciation and Amortisation expenses | 95.39 | 388.29 |
| Other expenses | 55.90 | 218.28 |
| Net Profit for the Period | (117.86) | 47.60 |
Consolidated Balance Sheet Summary (Rs. in Lakhs)
The consolidated balance sheet shows the company's asset and liability structure as of March 31, 2026, compared to the previous year.| Particulars | March 31, 2026 | March 31, 2025 |
|---|---|---|
| TOTAL ASSETS | 11,155.92 | 11,935.16 |
| Non Current Assets | 4,720.80 | 4,850.93 |
| Current Assets | 6,435.12 | 7,084.23 |
| TOTAL EQUITY & LIABILITIES | 11,155.92 | 11,935.16 |
| Equity Share Capital | 1,714.77 | 1,714.77 |
| Other Equity | 4,365.83 | 4,564.34 |
| TOTAL NON CURRENT LIABILITIES | 463.66 | 628.12 |
| TOTAL CURRENT LIABILITIES | 4,611.65 | 5,027.93 |
Consolidated Cash Flow Statement (Rs. in Lakhs)
Analysis of the cash flow for the year ended March 31, 2026, showed the following movements:| Particulars | March 31, 2026 | March 31, 2025 |
|---|---|---|
| Net Profit After Tax (Operating Activities) | (120.06) | 46.24 |
| Operating Profit before working capital changes | 90.15 | (41.43) |
| Net Cash Inflow/(Outflow) from Operating Activities (A) | 524.93 | 987.58 |
| Net Cash Inflow/(Outflow) from Investing Activities (B) | (17.51) | (505.06) |
| Net Cash Inflow/(Outflow) from Financing Activities (C) | (635.26) | (471.20) |
| Net Changes In Cash & Cash Equivalents (A+B+C) | (37.69) | (30.11) |
| Cash & Cash equivalents (Closing Balance) | 32.40 | 70.09 |
Standalone Financial Results Summary
The company also provided standalone statements, highlighting:| Particulars | March 31, 2026 | March 31, 2025 |
|---|---|---|
| Total Income | 15,404.40 | 15,370.79 |
| Total Expenses | 15,592.46 | 15,862.36 |
| Net Profit for the Period | (115.95) | 48.14 |
Key Operational Notes
The company noted that during the reporting period, a partial sale of plant and machinery was undertaken as part of an asset rationalization and modernization initiative. Consequently, the remaining unamortized portion of the subsidy related to the sale was immediately recognized in the Statement of Profit and Loss. The company remains engaged in the cotton business and operates with one reportable segment.LAXMICOT Stock Price Movement
Shares of Laxmi Cotspin Limited today slipped by 2.33% to close at ₹14.17. The stock finished trading on a volume of 11,541 shares, settling notably below its previous closing price of ₹14.57.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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