Lancor Holdings reported a consolidated net profit of ₹4,045.07 lakh for the financial year ended March 31, 2026, a substantial increase compared to ₹467.09 lakh in the previous year. The company's board has recommended a total final dividend of 15%, amounting to ₹0.30 per equity share, which includes a special dividend of 5% attributed to the successful defence of the title for the commercial property Menon Eternity in Chennai. This dividend is subject to approval by shareholders at the ensuing Annual General Meeting.

The board approved the audited financial results for both standalone and consolidated operations for the quarter and year ended March 31, 2026. The statutory auditor, G. M. Kapadia & Co., issued an audit report with an unmodified opinion on the annual audited financials. The company recorded a standalone net profit of ₹4,063.02 lakh for FY26, up from ₹920.01 lakh in FY25.

Total income from operations for the year stood at ₹20,539.49 lakh on a consolidated basis, compared to ₹19,215.09 lakh in the prior year. The results were reviewed by the Audit Committee during its meeting on May 29, 2026. The disclosure was submitted to the National Stock Exchange of India and BSE Limited in compliance with Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company's financial performance for the year ended March 31, 2026, reflects strong growth in profitability driven by other income and operational efficiency.

The board meeting commenced at 12.30 P.M. and concluded at 6.30 P.M. on May 29, 2026. The company also noted that the financial figures for the quarter ended March 31, 2026, were derived as balancing figures between the audited annual results and the published unaudited year-to-date figures up to the third quarter.

Lancor Holdings Limited received approval from the National Company Law Tribunal (NCLT), Chennai Bench, to amalgamate its wholly owned subsidiary, Lancor Maintenance & Services Limited, with itself. The certified copy of the order was received on May 27, 2026. The appointed date for the scheme is April 1, 2024.

The merger involves the transferor company, Lancor Maintenance & Services Limited, engaged in maintenance services, and the transferee company, Lancor Holdings Limited, engaged in real estate business. As per the last audited financial statements, the turnover of Lancor Holdings Limited stood at Rs. 1,05,41,96,709 as on December 31, 2025, while the subsidiary reported NIL turnover.

The scheme is exempted under Regulation 23(5)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as it involves the amalgamation of a wholly-owned subsidiary with the holding company. There is no cash consideration or share exchange ratio involved in the transaction. The investment of the holding company in the wholly owned subsidiary's equity shares will be cancelled without the issuance or allotment of any new shares.

Consequently, there will be no change in the shareholding pattern of Lancor Holdings Limited. The scheme will be deemed effective from the date the certified copy of the order is filed with the Registrar of Companies by both the transferor and transferee companies. The company is currently in the process of filing the order with the Registrar of Companies, Chennai.

Key Details of the Amalgamation