Lakhotia Polyesters (India) Limited reported a profit after tax of ₹4.54 crore for the quarter ended June 30, 2026, a significant increase from ₹0.98 crore in the same period last year. The company's revenue from operations surged to ₹32.17 crore, up from ₹10.26 crore in Q1FY26, driven by its core business of manufacturing and trading Metallic Yarn & Textile Fabrics. Total income for the quarter stood at ₹41.70 crore, compared to ₹16.96 crore in the previous year.

The Board of Directors approved the unaudited standalone financial results at its meeting held on July 17, 2026. The results were reviewed by the Statutory Auditors, Sharp Aarth & Co. LLP, in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company operates a single reportable segment under Ind AS 108, focusing on Metallic Yarn & Textile Fabrics.

Total expenses for the quarter rose to ₹35.57 crore, up from ₹3.57 crore in the corresponding period of the previous year, primarily due to higher costs of material consumed, which stood at ₹32.39 crore. Finance costs for the quarter were ₹1.22 crore, while depreciation and amortization expenses amounted to ₹0.26 crore. The profit before tax for the period was ₹6.13 crore, compared to ₹13.39 crore in Q1FY26.

The company reported a basic and diluted earnings per share (EPS) of ₹0.43 for Q1FY27, up from ₹0.93 in the same period last year. For the financial year ended March 31, 2026, the company reported a profit after tax of ₹23.75 crore on total income of ₹197.61 crore. The figures for the quarter ended March 31, 2026, are balancing figures between audited full-year results and published reviewed year-to-date figures up to the third quarter.

Financial Highlights for Q1FY27

Lakhotia Polyesters (India) Limited has appointed Ms. Kajal Dubey as an Additional Director in the capacity of Non-Executive Independent Director effective July 17, 2026. The decision was made by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. The appointment is for a period of five consecutive years and is subject to the approval of the company's members pursuant to Regulation 17(1C) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Concurrently, the board accepted the resignation of Mr. Nikunj Shrawan Bihani from the position of Non-Executive Independent Director, effective July 17, 2026. Mr. Bihani cited pre-occupation and personal unavoidable circumstances as the reason for his resignation. Consequently, he has stepped down from his roles as Member and Chairman of various committees of the board.

Ms. Kajal Dubey holds an MBA in Finance and possesses expertise in corporate governance, financial management, risk assessment, and strategic planning. The company confirmed that she is not related to any of the existing directors and is not debarred from holding the office of director by any SEBI order or other regulatory authority.

Board Composition Changes

The changes in the board composition were detailed in the regulatory filing submitted to BSE Limited. The following table summarizes the key details of the appointment and cessation:

The board meeting commenced at 3:00 p.m. and concluded at 3:40 p.m. on July 17, 2026. The necessary disclosures regarding the appointment and cessation were made in accordance with Regulation 30 of the SEBI Listing Regulations and relevant circulars issued by the stock exchanges.