Ludlow Jute & Specialities has scheduled its 47th Annual General Meeting (AGM) for Friday, September 11, 2026. The meeting will commence at 11:30 am and will be conducted exclusively through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in compliance with the Companies Act, 2013, and SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Meeting Details and Participation

The company dispensed with physical attendance for the meeting. Members attending via VC/OAVM will be counted toward the quorum under Section 103 of the Act. The notice convening the AGM and the Annual Report for the financial year ended March 31, 2026, have been sent electronically to members with registered email addresses.

Members without registered email addresses received a letter containing a web-link and QR code to access the documents. Physical copies of the AGM notice and annual report are available upon request by writing to info@ludlowjute.com with folio or DP ID details. The documents are also hosted on the company website, NSDL’s e-voting portal, and the BSE Limited website.

Book Closure and E-Voting

The register of members and share transfer books will remain closed from Saturday, September 5, 2026, to Friday, September 11, 2026. The cut-off date for determining eligibility is Friday, September 4, 2026.

The company provided instructions for e-voting, including remote e-voting and voting during the AGM. Members are advised to update their bank details and email addresses to facilitate dividend payments and voting credentials.

Key Dates

Members holding shares in physical mode may update details by submitting Form ISR-1 to the Registrar and Share Transfer Agent, Ms. MCS Share Transfer Agent Limited. Demat holders must update details through their Depository Participants.

Ludlow Jute & Specialities Limited reported a 43% year-on-year increase in net profit for the quarter ended June 30, 2026 (Q1FY27), rising to ₹6.43 lakh from ₹4.49 lakh in the same period last year. The growth was primarily driven by a 67% surge in revenue from operations, which climbed to ₹189.47 lakh from ₹113.03 lakh in Q1FY26. This performance marks a significant turnaround from the preceding quarter (Q4FY26), where net profit stood at ₹1.38 lakh.

The Board of Directors approved the unaudited financial results on August 12, 2026. The results were subjected to a limited review by the company’s statutory auditors, M/s. J K V S & Co., and reviewed by the Audit Committee. The filing was submitted pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statutory auditors confirmed that no modified opinions were expressed in their report.

Financial Performance Highlights

Revenue from operations more than doubled compared to the previous quarter, jumping from ₹148.15 lakh in Q4FY26 to ₹189.47 lakh in Q1FY27. This operational improvement was further bolstered by a one-time receipt of ₹13.14 lakh from the National Consumer Disputes Redressal Commission, New Delhi. This amount represents the full and final settlement of an insurance claim arising from a fire incident in FY2010-11, including interest thereon.

Earnings per equity share (basic and diluted) rose to ₹5.97 in Q1FY27, compared to ₹1.28 in Q4FY26 and ₹4.17 in Q1FY26. Total comprehensive income for the period reached ₹6.67 lakh, including other comprehensive income of ₹2.4 lakh net of tax.

What the Numbers Show

The significant jump in revenue is largely attributable to the inclusion of the ₹13.14 lakh insurance settlement within revenue from operations, rather than other income. While total expenses increased to ₹181.06 lakh from ₹145.71 lakh in the previous quarter, the proportionate increase in revenue outpaced cost inflation. Cost of materials consumed rose sharply to ₹127.29 lakh from ₹126.17 lakh, while changes in inventories added ₹6.38 lakh to expenses, contrasting with a credit of ₹20.85 lakh in Q4FY26. Despite higher finance costs at ₹4.22 lakh, the overall profitability margin improved significantly due to the top-line expansion driven by the regulatory settlement.