Looks Health Services Limited has scheduled its 15th Annual General Meeting (AGM) for September 12, 2026, with the e-voting cut-off date set for September 5, 2026. The company recently filed its annual report for FY26, disclosing stable profitability despite a significant decline in other income.

The Board of Directors approved the notice for the AGM during its meeting held on August 19, 2026. The primary business items include the adoption of audited standalone financial statements for FY26 and the reports of the Board and Auditors.

Financial Performance

Revenue from operations declined to ₹38.80 lakh in FY26, down from ₹39.47 lakh in FY25, representing a marginal decrease of 1.7%. Total income dropped significantly to ₹39.19 lakh from ₹78.52 lakh in the prior year, primarily due to a sharp decline in other income which fell to ₹0.39 lakh from ₹39.05 lakh.

Despite lower revenue, the company maintained operational efficiency by reducing operating and administrative expenses to ₹21.79 lakh from ₹61.47 lakh. Consequently, profit before tax rose slightly to ₹3.15 lakh from ₹2.89 lakh. Profit after tax remained flat at ₹2.35 lakh, compared to ₹2.39 lakh in FY25. No dividend was declared.

Director Reappointment

Mr. Mihir Ganappa (DIN: 10652499) retires by rotation at the ensuing AGM and seeks reappointment as a Non-Executive Director. Mr. Ganappa, who holds a B.Com degree and possesses expertise in Business Leadership and Finance, was first appointed to the Board on September 5, 2024. He attended all 11 Board meetings during his tenure in FY25-26. He does not hold any shares in the company and receives nil remuneration.

Statutory Auditor Appointment

The AGM will consider the appointment of M/s SGAG & Co., Chartered Accountants (Firm Registration No. 022788C), as statutory auditor to fill a casual vacancy. This follows the resignation of M/s KPSJ & Associates LLP, effective August 18, 2026, citing resource constraints. KPSJ & Associates confirmed they had completed the limited review report for the quarter ended June 30, 2026.

SGAG & Co. will hold office from the conclusion of this AGM until the next AGM. The firm is empanelled with the Comptroller and Auditor General (CAG) under Empanelment No. CR5879.

E-Voting and Logistics

Remote e-voting commences on September 9, 2026, at 9:00 am and ends on September 11, 2026, at 5:00 pm. Shareholders on record as of September 5, 2026, are entitled to vote. Ms. Shubhangi Agarwal has been appointed as the scrutinizer. The Register of Members and Share Transfer Books will remain closed from September 6, 2026, to September 12, 2026.

What the Numbers Show

The sharp decline in total income, driven by a near-total disappearance of other income (from ₹39.05 lakh to ₹0.39 lakh), contrasts with stable core profitability. While revenue dipped marginally, the substantial reduction in operating expenses (down 64.5%) helped preserve profit before tax levels. This suggests that the previous year's high other income was non-recurring or exceptional, and the current year's results reflect more normalized operational performance.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE204N01013/5d5e3597-591c-4fec-bbed-9ee24c8cfb38.pdf

Looks Health Services published its unaudited financial results for the quarter ended June 30, 2026, in Business Standard (Mumbai) and Mumbai Lakshdeep (Mumbai) on August 4, 2026. The publication fulfills the company’s disclosure obligations under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results confirm a net profit of ₹0.23 lakh for the quarter, marking a recovery from the ₹0.01 lakh loss recorded for FY26 as a whole.

The Board of Directors approved the financial statements at a meeting held on August 4, 2026, at the company’s registered office. The results were reviewed by the Audit Committee and approved pursuant to Regulation 30 and Regulation 33 of the SEBI Listing Regulations. KPSJ Associates & LLP, the statutory auditors, conducted a limited review of the financial statements in accordance with Standard on Review Engagements (SRE) 2410. Managing Director Monika Joshi signed the compliance letter to BSE Limited on August 5, 2026.

Financial Performance

Revenue from operations for Q1FY27 reached ₹12.30 lakh, a significant increase from ₹7.00 lakh in the same quarter last year. Total income for the quarter was ₹12.30 lakh, driven entirely by revenue from operations, as other income was nil. In the previous quarter (Q4FY26), total income was ₹12.46 lakh, which included ₹0.06 lakh from other sources. Year-on-year, the income growth reflects a strong operational uptick compared to the ₹7.00 lakh recorded in Q1FY26.

Expenses for the quarter totaled ₹7.76 lakh, comprising depreciation and amortization of ₹0.72 lakh and finance costs of ₹3.53 lakh. Notably, operating expenses, employee benefit expenses, and purchases were reported as nil, suggesting a lean operational structure or potential classification differences in interim reporting. Finance costs remained stable at ₹3.53 lakh, identical to the previous quarter and the same period last year.

Taxation and Profitability

The profit before tax stood at ₹0.29 lakh. After accounting for deferred tax expenses of ₹0.68 lakh and prior year tax adjustments of -₹0.62 lakh, the net profit after tax was ₹0.23 lakh. The basic earnings per share (EPS) were ₹0.00, while diluted EPS remained at ₹0.00. The company’s paid-up equity share capital remains unchanged at 1,050.00 shares with a face value of ₹10 per share.

What the Numbers Show

A key observation from the filing is the reliance on non-operational adjustments to determine the final net profit position. While the profit before tax was ₹0.29 lakh, the deferred tax provision of ₹0.68 lakh exceeded this amount. The final positive net profit of ₹0.23 lakh was achieved primarily due to prior year tax adjustments of -₹0.62 lakh, which reduced the overall tax burden. This indicates that the current period’s operational profitability is heavily influenced by historical tax corrections rather than just current-year operational efficiency. Additionally, management noted that idle funds are being invested in interest-bearing assets while the company identifies better business opportunities, highlighting a transitional phase in its strategic operations.