Last Mile Enterprises FY26 net profit falls, revenue rises

2 min read     Updated on 06 Jun 2026, 07:21 PM
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AI Summary

Last Mile Enterprises approved its audited standalone and consolidated financial results for FY26, reporting a consolidated net profit of ₹1570.49 lakh and revenue of ₹259242.05 lakh. The Board recommended a final dividend of ₹0.02 per share and appointed M/S Kiran Bulchandani & Associates as internal auditor for FY27.

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Last Mile Enterprises approved its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, following a Board meeting on June 06, 2026. The Board recommended a final dividend of 2% on equity shares of ₹1 each, amounting to ₹0.02 per share, pending approval from shareholders in the ensuing general meeting. The company also appointed M/S Kiran Bulchandani & Associates as its internal auditor for the financial year 2026-27.

The financial results were approved along with the audit report issued by the Statutory Auditor and the Statement of Deviation or Variation Report in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. The meeting was held at the Registered Office of the company, commencing at 6.00 p.m. and concluding at 6.30 p.m.

Financial Performance

For the year ended March 31, 2026, the company reported a consolidated net profit of ₹1570.49 lakh, a decrease from ₹1799.93 lakh in the previous year. Revenue from operations for the year stood at ₹259242.05 lakh, compared to ₹38665.83 lakh in FY25. The increase in revenue was primarily driven by the business of mobile accessories, gadgets, and other related items.

Consolidated Financial Results

Particulars Year Ended 31.03.2026 (₹ in lakhs) Year Ended 31.03.2025 (₹ in lakhs)
Revenue from Operations 259242.05 38665.83
Total Income 260338.32 40345.91
Total Expenses 258318.03 38036.34
Profit for the Period 1570.49 1799.93
Earnings Per Share (Basic) 0.34 0.44

The standalone net profit for the year was ₹636.46 lakh, compared to ₹1058.76 lakh in the prior year. Standalone revenue from operations was ₹1189.82 lakh, down from ₹3021.18 lakh in FY25.

Internal Auditor Appointment

The Board appointed M/S Kiran Bulchandani & Associates, Chartered Accountants, as the internal auditor for FY27. The appointment was made in compliance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Particulars of the Appointing Firm

Name of Firm M/S Kiran Bulchandani & Associates
Reason for Change Appointment
Date of Appointment 06 June, 2026
Term of Appointment Internal Audit Report: For F.Y. 2026-27
Brief Profile Practicing Chartered Accountant
Disclosure of relations between Director NA

The disclosures were submitted to BSE Limited for compliance with Regulation 30 of the SEBI LODR Regulations. The communication was signed by Mr. Hemrajsinh Surendrasinh Vaghela, Director & Chairperson.

Historical Stock Returns for Last Mile Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-4.97%-12.04%+13.80%-18.27%-56.86%+328.10%

What strategies will Last Mile Enterprises implement to reverse the decline in consolidated net profit given the substantial revenue growth?

How will the company sustain the massive surge in revenue from mobile accessories and gadgets in the upcoming fiscal year?

What factors contributed to the significant divergence between standalone and consolidated revenue performance?

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Last Mile Enterprises board to consider Q4FY26 results on May 30

1 min read     Updated on 26 May 2026, 05:48 PM
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Suketu GScanX News Team
AI Summary

Last Mile Enterprises Limited will hold a board meeting on May 30, 2026, to approve audited financial results for the quarter and year ended March 31, 2026. The board will also consider recommending a dividend for FY 2025-26. The trading window for the company's securities remains closed until June 1, 2026.

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last mile enterprises has scheduled a board meeting on May 30, 2026, to consider and approve the audited consolidated and standalone financial results for the quarter and year ended March 31, 2026. The meeting will also deliberate on recommending a dividend for the financial year 2025-26, if any. The board's decision on the dividend will be a key outcome for shareholders awaiting returns from the company.

The board will review the financial results in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the directors will consider the Statement of Deviation or Variation Report as required under Regulation 32 of the same regulations. This report provides details on any deviations between the financial projections made by the company and the actual results.

In conjunction with the board meeting, the company has informed the stock exchanges about the status of its trading window. The window for dealing in the securities of Last Mile Enterprises Limited, which closed on April 1, 2025, will remain shut until June 1, 2026. This closure is in line with the company's Code of Internal Procedures & Conduct for Regulating, Monitoring & Reporting of trading by Insiders, framed under the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The meeting agenda includes the transaction of any other business with the permission of the chair. The intimation was submitted to the BSE Limited on May 26, 2026, by Harishkumar Bhalchandra Rajput, Managing Director of Last Mile Enterprises Limited.

Key Meeting Details

Agenda Item Details
Financial Results Audited consolidated and standalone results for Q4 and FY ended March 31, 2026
Dividend Recommendation for FY 2025-26
Trading Window Closure From April 1, 2025 to June 1, 2026

Historical Stock Returns for Last Mile Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-4.97%-12.04%+13.80%-18.27%-56.86%+328.10%

What are the market's expectations regarding the dividend payout ratio given the company's recent performance?

How might the Statement of Deviation or Variation Report impact investor confidence if significant variances are revealed?

What strategic initiatives is the company likely to prioritize in the upcoming fiscal year based on the audited results?

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1 Year Returns:-56.86%