Laxmi Goldorna House reported a significant deterioration in its financial performance for the fourth quarter of the fiscal year 2025-26, with its net loss widening considerably on a year-on-year basis. The company recorded a net loss of 616.44M rupees for the quarter ended March 31, 2026, compared to a net profit of 67.7M rupees in the corresponding quarter of the previous year. This shift marks a substantial decline in profitability.

Quarterly Financial Performance

Alongside the widening net loss, the company witnessed a contraction in its revenue from operations during the quarter. Revenue for Q4 stood at 2666.46M rupees, decreasing from 2731.01M rupees reported in the same period of the prior year. The following table summarizes the key financial metrics for the quarter and year:

Key Highlights

• Net loss for the quarter widened to 616.44M rupees from a net profit of 67.7M rupees in the year-ago quarter.
• Revenue from operations declined to 2666.46M rupees in Q4 from 2731.01M rupees in the corresponding period of the previous year.
• For the full year ended March 31, 2026, the company reported a net profit of 439.81M rupees and total income of 10441.40M rupees.
• The Board of Directors approved the audited standalone financial results at a meeting held on May 16, 2026.

The results indicate pressure on Laxmi Goldorna House's financial performance, with both revenue and profitability metrics moving adversely compared to the year-ago period. The transition from a net profit to a net loss, alongside a contraction in quarterly revenue, underscores the challenges faced by the company during the reported quarter.

Laxmi Goldorna House Limited has made a formal disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, reporting a case of fraud committed by its former Chief Financial Officer, Mr. Jaykumar Patel. The disclosure, dated 14-05-2026, was submitted to the National Stock Exchange of India Limited and states that Mr. Patel was found to have committed fraud through embezzlement and siphoning of company funds over a period of approximately one year during his tenure as CFO and Key Managerial Personnel.

Nature and Estimated Scale of the Fraud

According to the disclosure filed under Annexure A, the fraud involved the embezzlement and siphoning of funds belonging to Laxmi Goldorna House Limited. The estimated financial impact on the company corresponds to the extent of the amount of fraud identified. The following table summarises the key details as disclosed under Para A of Part A of Schedule III of Regulation 30:

Regulatory Reporting and Corrective Actions

The company has stated that it is currently in the process of filing a complaint with the appropriate authorities in connection with the fraud. In addition to the legal complaint, Laxmi Goldorna House Limited has outlined the following corrective measures:

• The matter will be placed before the Audit Committee and Board of Directors for review.
• Appropriate safeguards will be put in place to prevent recurrence.
• Proper checks and balances will be established to avoid any repetitive incidents in future.

The disclosure was signed by Mr. Jayeshkumar Chinulal Shah, Managing Director of Laxmi Goldorna House Limited, on 14-05-2026. The filing was made in compliance with the SEBI Master Circular No: HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, which governs disclosure obligations for listed entities in such matters.