Luxury Time Limited , a New Delhi-based company engaged in the trading, retailing, and distribution of watches and related spares, reported a significant improvement in its financial performance for the half year and financial year ended March 31, 2026. The Board of Directors convened on May 15, 2026, and approved both standalone and consolidated audited financial results, alongside several key corporate governance measures. The statutory auditors, M/s. SARNUM & Co. LLP, issued an audit report with an unmodified opinion on both the standalone and consolidated financial statements.

Standalone Financial Performance

Luxury Time Limited's standalone financials reflect a robust improvement in profitability for the year ended March 31, 2026. Revenue from operations stood at ₹5,391.20 lakhs compared to ₹5,375.26 lakhs in the previous year, while total revenue including other income was ₹5,420.75 lakhs against ₹5,436.82 lakhs in FY25. Net profit after tax rose sharply to ₹561.98 lakhs from ₹334.53 lakhs in FY25, reflecting improved cost management with total expenses declining to ₹4,735.86 lakhs from ₹4,911.32 lakhs.

The following table presents the key standalone financial metrics:

For the second half of FY26 (half year ended March 31, 2026), standalone revenue from operations was ₹3,182.84 lakhs and net profit after tax was ₹304.99 lakhs, compared to ₹2,208.36 lakhs in revenue and ₹256.99 lakhs in net profit for the first half (half year ended September 30, 2025).

Consolidated Financial Performance

On a consolidated basis, which includes joint venture companies Pasadena Retail Private Limited and Micron Watch Service Private Limited, Luxury Time Limited reported consolidated revenue from operations of ₹5,999.32 lakhs for FY26, compared to ₹6,023.96 lakhs in FY25. Total consolidated revenue was ₹6,028.89 lakhs against ₹6,085.52 lakhs in the prior year. Consolidated net profit after tax improved to ₹552.58 lakhs from ₹368.61 lakhs in FY25, supported by a reduction in total expenses to ₹5,361.39 lakhs from ₹5,514.91 lakhs.

Balance Sheet and Cash Flow Highlights

On a standalone basis, total assets stood at ₹4,318.09 lakhs as at March 31, 2026, compared to ₹2,527.58 lakhs as at March 31, 2025. Shareholders' funds increased significantly, with share capital at ₹825.48 lakhs and reserves and surplus at ₹2,726.65 lakhs. On a consolidated basis, total assets were ₹4,801.97 lakhs as at March 31, 2026, against ₹2,981.04 lakhs in the prior year, with consolidated reserves and surplus rising to ₹2,859.18 lakhs from ₹1,183.64 lakhs.

Standalone cash and cash equivalents at the end of the year were ₹387.96 lakhs, up from ₹329.44 lakhs at the beginning of the year, with net cash flow from operating activities at ₹124.25 lakhs. Consolidated cash and cash equivalents closed at ₹393.41 lakhs compared to ₹342.22 lakhs at the start of the year. During the year, the company raised ₹1,499.62 lakhs through the issue of share capital as part of its public issue, with its equity shares listed on the BSE SME Platform.

Key Corporate Decisions

At the Board meeting held on May 15, 2026, the following matters were approved in addition to the financial results:

• Appointment of Company Secretary: Ms. Anjali (Membership No. A69704) was appointed as Company Secretary and Compliance Officer (Key Managerial Personnel) with effect from May 15, 2026, pursuant to Section 203 of the Companies Act, 2013.
• Revised Related Party Transaction Policy: The board approved the revised Policy on Materiality of Related Party Transactions and on Dealing with Related Party Transactions in accordance with Regulation 23 of the SEBI (LODR) Regulations, 2015.
• Fair Disclosure Code: The board adopted the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information pursuant to Regulation 8 of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The Board meeting commenced at 12:00 Noon and concluded at 12:32 P.M. The financial results have been prepared in accordance with applicable Accounting Standards under Indian GAAP, as the company's securities are listed on the SME Exchange and are exempt from the compulsory adoption of Ind AS. There were no investor complaints received or pending as on March 31, 2026.

Luxury Time Limited has notified BSE of an upcoming Board of Directors meeting, in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is scheduled to be held on Friday, May 15, 2026, and was communicated to the exchange on May 06, 2026.

Board Meeting Details

The primary agenda of the board meeting is to consider and approve the audited financial results of the company for the half year and financial year ended March 31, 2026. The key details of the scheduled meeting are summarised below:

Trading Window Closure

In accordance with applicable regulations, the Trading Window for dealing in the securities of the company has been closed with effect from April 01, 2026, for all designated persons. The Trading Window will reopen 48 hours after the declaration of the financial results for the half year and financial year ended March 31, 2026.

Signatory Details

The intimation was signed by Ashok Goel, Chairman & Managing Director (DIN: 00783117), on behalf of Luxury Time Limited.

Luxury Time Limited, formerly known as Luxury Time Private Limited, is registered at 713, Pearls Omaxe Building, Tower-2, Netaji Subhash Place, New Delhi - 110034.