Leo Dryfruits corrects half-year figures in FY26 results

2 min read     Updated on 31 May 2026, 12:58 PM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Leo Dryfruits & Spices Trading Ltd reported a net profit of ₹1053.87 lakh for the financial year ended March 31, 2026, up from ₹816.40 lakh in FY25, while revenue surged to ₹17424.10 lakh. The company filed a corrigendum correcting half-year figures inadvertently listed as full-year data, clarifying the error was clerical and did not affect FY26 results. The Board approved the audited results on May 30, 2026, with statutory auditors confirming compliance with SEBI regulations.

powered bylight_fuzz_icon
41757637

*this image is generated using AI for illustrative purposes only.

leo dryfruits & spices trading reported a net profit of ₹1053.87 lakh for the financial year ended March 31, 2026, an increase from ₹816.40 lakh in the previous year. Revenue from operations surged to ₹17424.10 lakh, up from ₹8731.11 lakh in FY25. The company filed a corrigendum to the statement of financial results, correcting figures for the half year ended March 31, 2025, which were inadvertently mentioned as full-year figures in the previous filing. The correction is clerical and does not impact the financial results for FY26.

The Board of Directors approved the audited standalone and consolidated financial results on May 30, 2026. Statutory auditors Ratan Chandak & Co. LLP conducted the audit in accordance with the Standards on Auditing specified under the Companies Act, 2013, confirming the results give a true and fair view and comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Standalone Financial Performance

For the year ended March 31, 2026, total income stood at ₹17465.90 lakh compared to ₹8735.22 lakh in the prior year. Total expenses rose to ₹15866.25 lakh from ₹7463.29 lakh in FY25. Profit before tax was ₹1599.65 lakh, up from ₹1271.93 lakh. Earnings per share (EPS) improved to ₹5.89 from ₹4.56.

Metric Year Ended 31-03-2026 (₹ in Lakh) Year Ended 31-03-2025 (₹ in Lakh)
Revenue from Operations 17424.10 8731.11
Total Income 17465.90 8735.22
Total Expenses 15866.25 7463.29
Profit Before Tax 1599.65 1271.93
Net Profit 1053.87 816.40
Basic EPS 5.89 4.56

Consolidated Results

The consolidated financial results for FY26 reflected a net profit of ₹1053.87 lakh and revenue from operations of ₹17424.10 lakh. The results include subsidiary Leo Catering Services Private Limited, which had nil assets, income, and profit as of March 31, 2026. Another subsidiary, Vandu Food Processing Private Limited, was incorporated on February 19, 2026, but was not included in the consolidation as the initial subscription amount was yet to be received.

Assets and Liabilities

As of March 31, 2026, total assets stood at ₹14751.28 lakh, up from ₹11716.83 lakh in the previous year. Shareholders' funds increased to ₹7420.84 lakh from ₹6366.97 lakh. Current liabilities rose significantly, with short-term borrowings reaching ₹3364.84 lakh compared to ₹1814.44 lakh in FY25. Cash and cash equivalents decreased to ₹15.85 lakh from ₹27.83 lakh.

Historical Stock Returns for Leo Dryfruits & Spices Trading

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-0.93%+2.88%-23.30%-39.34%-25.03%

How does the company plan to manage the significant increase in short-term borrowings given the sharp decline in cash reserves?

What revenue contributions are expected from Vandu Food Processing Private Limited once the initial subscription is received and operations commence?

Will the surge in revenue from operations be sustainable into FY27, or was it driven by one-time factors?

Leo Dryfruits & Spices Trading
View Company Insights
View All News
like20
dislike

Leo Dryfruits board meets May 30 to consider FY26 results

1 min read     Updated on 21 May 2026, 05:40 PM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

Leo Dryfruits & Spices Trading Limited will hold a board meeting on May 30, 2026, to approve audited financial results for the year and half-year ended March 31, 2026. The board will also consider recommending a final dividend for FY26, subject to shareholder approval at the 7th AGM. The trading window remains closed for designated persons until 48 hours after the results announcement.

powered bylight_fuzz_icon
40911003

*this image is generated using AI for illustrative purposes only.

Leo Dryfruits & Spices Trading Limited has announced that its board of directors will meet on Saturday, May 30, 2026. The meeting has been convened in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Meeting

The board will deliberate on several key matters during the session. The primary focus will be on the company's financial performance for the recent fiscal periods.

Financial Results and Dividend

The directors are scheduled to consider and approve the audited financial results for the half-year and financial year ended March 31, 2026. These results will encompass both standalone and consolidated figures. Furthermore, the board will discuss the recommendation of a final dividend on equity shares for the financial year ended March 31, 2026. Any dividend declared will be contingent upon approval by the shareholders at the ensuing 7th Annual General Meeting.

Trading Window Closure

In line with regulatory compliance, the company has stated that the trading window will remain closed for all designated persons and their immediate relatives. This window is set to reopen 48 hours after the official announcement of the audited financial results for the year ended March 31, 2026.

Meeting Detail Information
Meeting Date May 30, 2026
Financial Year End March 31, 2026
Agenda Audited Financial Results, Final Dividend
Regulation Regulation 29 of SEBI LODR, 2015

Historical Stock Returns for Leo Dryfruits & Spices Trading

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-0.93%+2.88%-23.30%-39.34%-25.03%

How might Leo Dryfruits & Spices Trading Limited's dividend payout ratio compare to industry peers in the agri-commodities sector, and what does it signal about the company's future growth strategy?

What key financial metrics should investors watch for in the FY2026 audited results to assess whether the company's expansion into spices trading has improved its overall profitability?

How could potential volatility in global dryfruit and spice commodity prices impact the company's revenue outlook for FY2027?

Leo Dryfruits & Spices Trading
View Company Insights
View All News
like15
dislike

More News on Leo Dryfruits & Spices Trading

1 Year Returns:-39.34%