Lotus chocolate Company Limited has announced the relocation of its registered office following a Board of Directors meeting held on April 15, 2026. The decision represents a strategic move within Hyderabad, maintaining the company's presence in Telangana while shifting to a new commercial location.

Board Meeting Details

The Board of Directors convened on April 15, 2026, to deliberate on the registered office relocation proposal. The meeting concluded at 5:50 p.m. (IST) after approving the shifting of the company's registered office address.

Office Relocation Specifics

The registered office will be relocated from the current address at 8-2-596, 1st Floor, 1B, Sumedha Estates, Avenue-4, Puzzolana Towers, Street No. 1, Road No. 10, Banjara Hills, Hyderabad, Telangana, 500034 to the new premises at Pranava One, 6th Floor, 6-5-654, Punjagutta Road, Raj Bhavan Quarters Colony, Somajiguda, Hyderabad, Telangana - 500082.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was communicated to BSE Limited, where the company's scrip is listed under code 523475.

Company Secretary and Compliance Officer Utsav Saini signed the regulatory filing, ensuring proper documentation of the corporate action. The change of address will become effective from April 21, 2026, providing stakeholders with adequate notice of the relocation.

Lotus chocolate Company Limited announced its audited financial results for FY26, revealing a dramatic 99.4% decline in net profit to ₹10.00 lakh compared to ₹1,722.72 lakh in the previous year. Despite maintaining stable revenue at ₹57,955.36 lakh, the company faced significant operational challenges that severely impacted profitability.

Financial Performance Overview

The company's financial performance for FY26 showed mixed results with revenue growth offset by margin pressures. Key financial metrics demonstrate the challenging operating environment:

Quarterly Performance Analysis

The fourth quarter results reflected the company's ongoing challenges, with Q4 FY26 recording a loss of ₹447.32 lakh compared to a profit of ₹141.55 lakh in Q4 FY25. The quarterly performance breakdown shows:

Expense Structure and Cost Pressures

The company experienced significant cost inflation across multiple expense categories. Material costs increased substantially, with cost of materials consumed rising to ₹30,444.46 lakh from ₹53,973.83 lakh in the previous year. Employee benefit expenses nearly doubled to ₹3,399.97 lakh from ₹1,797.91 lakh, while finance costs more than doubled to ₹1,630.54 lakh from ₹711.08 lakh.

Balance Sheet Position

The company's balance sheet showed total assets of ₹27,596.25 lakh as of March 31, 2026, compared to ₹27,034.45 lakh in the previous year. Current assets decreased to ₹23,355.76 lakh from ₹23,767.17 lakh, primarily due to inventory reduction from ₹8,061.50 lakh to ₹4,480.04 lakh. However, trade receivables increased significantly to ₹16,705.28 lakh from ₹13,308.49 lakh.

Regulatory Compliance and Governance

The Board of Directors approved these audited financial results during a meeting held on April 15, 2026, from 5:35 p.m. to 5:50 p.m. IST, following recommendations from the Audit Committee. The company submitted the required documentation to BSE Limited under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Deloitte Haskins & Sells LLP provided an unmodified audit opinion on the financial results, confirming they present a true and fair view of the company's financial position.