Kovlipatti Lakshmi Roller Flour Mills Kovlipatti Lakshmi Roller Flour Mills reported a sharp decline in profitability for the first quarter of FY27, with net profit falling 70% year-on-year to ₹108.74 lakh. The company’s revenue from operations also contracted by 7% to ₹9,226.75 lakh for the quarter ended June 30, 2026, compared to ₹9,959.75 lakh in the same period last year.

The Board of Directors approved the unaudited financial results at a meeting held on August 14, 2026. The statutory auditor, Marimuthu and Associates, issued an unmodified opinion on the standalone financial results. The company confirmed that consolidated financial statements are not applicable as it has no subsidiaries, associates, or joint ventures.

Financial Performance

Total income stood at ₹9,265.44 lakh, down from ₹9,995.26 lakh in Q1FY26. Other income (net) decreased to ₹38.69 lakh from ₹35.51 lakh in the prior year quarter. Total expenses were recorded at ₹9,120.12 lakh, slightly lower than the ₹9,824.71 lakh incurred in the corresponding period last year.

Profit before tax (PBT) was ₹145.32 lakh, compared to ₹465.26 lakh in Q1FY26. The significant drop in PBT was partly due to the absence of exceptional items, which had contributed ₹294.71 lakh to profits in the previous year's quarter. Tax expense for the current quarter was ₹36.58 lakh, down from ₹101.73 lakh in Q1FY26.

Segment Analysis

The company operates through two segments: Food and Engineering. The Engineering division emerged as the stronger performer in terms of profitability contribution.

• Food Division: Revenue fell 16% year-on-year to ₹6,427.85 lakh. Pre-tax and finance cost profit declined to ₹97.92 lakh from ₹190.31 lakh in Q1FY26.
• Engineering Division: Revenue rose 20% to ₹2,837.59 lakh. Pre-tax and finance cost profit increased to ₹225.49 lakh from ₹202.20 lakh in the corresponding period last year.

The Engineering division’s profit contribution of ₹225.49 lakh significantly outweighed the Food division’s ₹97.92 lakh, highlighting a shift in operational efficiency or margin dynamics between the two business units.

Management Changes

The Board also announced changes in senior management roles effective August 14, 2026:

• Sri. Jegan Adinarayanan, previously Vice President – Food Division, ceases to be a Senior Management Personnel due to a change in role and responsibilities. He continues with the company in a revised designation.
• Sri. S Ramachandran, previously Head-Information Technology, similarly ceases to be a Senior Management Personnel following a change in his role and designation. He remains associated with the company in his new capacity.

These changes were recommended by the Nomination and Remuneration Committee and approved by the Board pursuant to Regulation 30 of the SEBI Listing Regulations.

Kovilpatti Lakshmi Roller Flour Mills Limited will hold its 64th Annual General Meeting (AGM) on Wednesday, September 9, 2026, at 9:15 am through Video Conference (VC) or Other Audio-Visual Means (OAVM). The company published the notice in compliance with the Companies Act, 2013, and SEBI Listing Regulations, confirming that the dispatch of the AGM notice and the Annual Report for FY26 was completed on August 13, 2026.

Key Dates and Voting Details

Shareholders can participate in the meeting and cast their votes electronically. The company appointed M D Selvaraj, FCS, Managing Partner of MDS & Associates LLP, as the scrutinizer to oversee the voting process.

Only members whose names appear in the Register of Members or the register of beneficial owners maintained by depositories as of the close of business on September 2, 2026, are eligible to vote. The voting rights are proportional to the shares held in the paid-up equity share capital as on this cut-off date.

E-Voting and Participation

The company provided a facility for remote e-voting via MUFG Intime India Private Limited (formerly Link Intime India Private Limited). Members who have already cast their votes via remote e-voting before the AGM may attend the meeting via VC/OAVM but cannot vote again during the meeting. Those who have not voted remotely can vote electronically during the AGM.

Members holding shares in demat form are advised to update their email addresses with their Depository Participants. Physical shareholders must submit Form ISR-1 to the Registrar and Share Transfer Agent to register their email IDs for receiving login credentials. The company emphasized that members should follow the detailed procedure outlined in the AGM notice for accessing the e-voting platform.

Dividend and Book Closure

Pursuant to Section 91 of the Companies Act, 2013, and Regulation 42 of the SEBI Listing Regulations, the Register of Members and Share Transfer Books will remain closed from Thursday, September 3, 2026, to Wednesday, September 9, 2026. This closure is for the purpose of the AGM and the payment of dividends. Any dividend for FY26, if declared at the AGM, will be paid to shareholders on record as of September 2, 2026.