Le Lavoir Limited has accepted the resignation of Sachin Kapse from the post of Managing Director, effective August 28, 2026. The company disclosed the change in key managerial personnel to BSE Limited on August 30, 2026.

The resignation was submitted by Mr. Kapse due to personal reasons. He stated that he is no longer in a position to devote sufficient time to the company’s affairs. Le Lavoir confirmed that there are no other material reasons for his departure beyond those cited in the resignation letter.

Regulatory Disclosure

The intimation was issued pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also referenced SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Ashok Dilipkumar Jain, a director of the company, signed the disclosure. The board noted that Mr. Kapse does not hold any directorship or committee membership in other listed entities.

Le Lavoir Limited reported a sharp contraction in profitability for the first quarter of FY27, with net profit falling significantly year-on-year despite growth in top-line revenue.

Le Lavoir posted a net profit after tax of ₹5.03 lakh for the quarter ended June 30, 2026, down from ₹25.35 lakh in the corresponding period of the previous year. This represents a decline of approximately 80% in absolute terms. The company’s total income for the quarter stood at ₹94.47 lakh, an increase from the prior year’s figure which is not explicitly disclosed in the extract but implied by the growth trajectory relative to the previous year's lower profit base.

Financial Performance

The company’s earnings per share (EPS) also reflected the downturn in profitability. Basic and diluted EPS for Q1FY27 were ₹0.14, compared to ₹0.78 in Q1FY26. On a year-to-date basis ending March 31, 2026, the company had reported a net profit of ₹165.94 lakh against total income of ₹70.02 lakh, indicating that the recent quarterly performance diverges from the stronger results seen in the full fiscal year prior.

What the Numbers Show

A notable divergence exists between the company’s revenue generation and its bottom-line retention. While total income for Q1FY27 (₹94.47 lakh) exceeded the entire year-to-date income of the previous fiscal year (₹70.02 lakh), the net profit for the single quarter (₹5.03 lakh) was drastically lower than the net profit recorded for the full YTD period of FY26 (₹165.94 lakh). This suggests a significant compression in margins or increased operational costs during the current quarter, eroding the profitability despite higher revenue inflows. The absence of exceptional or extraordinary items in both periods confirms that this decline was driven by core operational dynamics rather than one-off gains or losses.

Capital Structure

The company’s equity share capital remains unchanged at ₹346.80 lakh, with a face value of ₹10 per share. Reserves as shown in the audited balance sheet of the previous year stood at ₹1,202.94 lakh.