Lloyds Luxuries Approves Audited Financial Results and Appoints New Internal Auditors
Lloyds Luxuries Limited announced on April 16, 2026, that its Board of Directors held a meeting where it considered, noted, and approved the audited standalone financial results for the Half Year and Financial Year ended March 31, 2026.The Board also approved the appointment of M/s. Todarwal & Todarwal LLP, a practicing Chartered Accountant LLP, to serve as the Internal Auditors for the Financial Year 2026-27.
Financial Year 2026 Results
The company submitted the audited standalone financial results and the Independent Auditor's Report following the Board meeting. The auditors issued an opinion confirming that the financial statements give a true and fair view in conformity with applicable Accounting Standards.In the auditor's report, the firm highlighted an "Emphasis of Matter," noting that the Company wrote off amounts aggregating to 73,220.49 Lakhs during the half year ended September 30, 2025. This write-off represented previously recognized marketing, branding and pre-operative expenditures that, upon reassessment by management with reference to Accounting Standard 26 (AS 26), were determined not to meet the criteria for recognition as intangible assets.
Financial Statements Summary
The company released detailed financial statements covering the period ended March 31, 2026.Statement of Profit and Loss (In Rs.):
| Particulars | Half Year Figures Ended March 31, 2025 (Audited) | Half Year Figures Ended March 31, 2026 (Audited) | Year Ended March 31, 2025 (Audited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 3,322.14 | 2,434.54 | 6,079.12 | 4,630.37 |
| Other Income | 16.49 | 29.52 | 33.53 | 36.56 |
| Total Income (I) | 3,338.64 | 2,464.06 | 6,112.66 | 4,666.94 |
| Total Expenses (II) | 3,349.82 | 2,956.70 | 6,401.36 | 5,348.97 |
| Profit / (Loss) before tax (V) | (11.19) | (492.64) | (3,509.20) | (682.04) |
| Profit / (Loss) for the period (XIII) | 36.31 | (477.74) | (3,436.84) | (665.94) |
| Basic Earnings Per Equity Share (XIV) | 1.52 | (20.34) | (144.27) | (28.35) |
Standalone Audited Balance Sheet (Amounts in Rs.):
| Particulars | March 31, 2026 | March 31, 2025 |
|---|---|---|
| Shareholders Funds | ||
| (a) Share Capital | 2,413.49 | 2,386.37 |
| (b) Reserves and Surplus | 955.83 | 4,325.84 |
| TOTAL EQUITY AND LIABILITIES | 4,242.97 | 7,409.41 |
| ASSETS | ||
| Property, plant and equipment and Intangible Assets | 2,156.29 | 1,998.68 |
| Non-Current Investments | 3.20 | 2.20 |
| Deferred tax Assets (Net) | 181.01 | 162.16 |
| Long-term loans and advances | 464.16 | 3,596.41 |
| Current Assets (Inventories) | 471.31 | 491.96 |
| (Trade receivables) | 91.91 | 82.90 |
| (Cash and Bank Balances) | 426.58 | 758.79 |
| (Other current assets) | 194.98 | 179.88 |
| TOTAL ASSETS | 4,242.97 | 7,409.41 |
Cash Flow Statement (Amounts in Rs.):
| Activity | Year End March 31, 2025 (Audited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|
| Net Cash from Operating Activities | 414.47 | 37.07 |
| Net Cash from Investing Activities | (781.11) | (547.64) |
| Net Cash Used in Financing Activities | 34.43 | 1,016.80 |
| Cash and Cash Equivalents at the end of the year | 426.58 | 758.79 |
Governance and Operations
During the board meeting, the company also considered and approved terms and conditions for various related party transactions and took on record the Internal Audit Report and the Secretarial Audit Report.The board meeting commenced at 03:00 p.m and concluded at 08:00 p.m on April 16, 2026. The company noted that the trading window for securities of the company by insiders would open after 48 hours from the declaration of Financial Results.
LLOYDS Stock Price Movement
On Thursday, Lloyds Luxuries Limited shares slipped by 4.86% to settle at ₹77.6. The stock found support on a volume of 75,000 shares during the session.Source:
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