Dhanlaxmi cotex Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing improved operational performance alongside significant leadership changes. The Mumbai-based company, engaged in fabrics and shares trading, reported these results following a Board meeting held on February 13, 2026.

Financial Performance Overview

The company delivered a strong quarterly performance with net profit reaching ₹69.80 lakhs for Q3FY26, compared to ₹337.71 lakhs in the corresponding quarter of the previous year. Revenue from operations stood at ₹481.66 lakhs, marking a significant increase from ₹230.95 lakhs in Q3FY24.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, Dhanlaxmi Cotex recorded total income of ₹1182.95 lakhs, comprising revenue from operations of ₹1075.89 lakhs and other income of ₹107.06 lakhs. The company reported a net profit of ₹22.70 lakhs for this period, significantly lower than ₹742.18 lakhs achieved in the corresponding nine-month period of FY24.

Segment-wise Business Performance

The company operates through two primary business segments - fabrics trading and shares trading. In Q3FY26, the fabrics division generated income of ₹232.51 lakhs with a segment profit of ₹3.45 lakhs. The shares trading division contributed ₹249.14 lakhs in income but recorded a segment loss of ₹14.13 lakhs.

Leadership Transition

The Board approved significant changes in the company's leadership structure. Mrs. Payal Ankur Bankda resigned from her position as Chief Financial Officer effective February 9, 2026. The company appointed Mrs. Rajni Mahesh Jhawar as the new Chief Financial Officer effective February 13, 2026.

Other Corporate Actions

The Board meeting also addressed several other matters including the grant of Inter-Corporate Deposits within prescribed limits under Section 186 of the Companies Act, 2013. The company noted compliance with SEBI (LODR) Regulations, 2015 for the quarter ended December 31, 2025. The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by the company's auditors DAC & Co., Chartered Accountants.

Dhanlaxmi Cotex Limited has announced a key leadership change with the resignation of its Chief Financial Officer, Mrs. Payal Ankur Bankda, effective February 9, 2026. The company informed BSE Limited of this development in compliance with regulatory requirements under SEBI Listing Regulations.

CFO Resignation Details

Mrs. Payal Ankur Bankda submitted her resignation from the position of Chief Financial Officer, citing personal reasons as the primary factor for her decision. The resignation became effective from the closing hours of February 9, 2026. In her resignation letter, she confirmed that there are no material reasons for her departure other than the personal circumstances mentioned.

Regulatory Compliance

The company has fulfilled its disclosure obligations pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Managing Director Mahesh S. Jhawar and submitted to BSE Limited with all required annexures.

Key Regulatory Disclosures

As per SEBI circular requirements, the company provided comprehensive details about the resignation:

• Reason for cessation: Personal reasons with no other material factors
• Date of cessation: From closure of business hours on February 9, 2026
• Shareholding status: The departing CFO holds no shares in the company
• Material reasons: Confirmed absence of any undisclosed material reasons for resignation

The resignation letter expressed gratitude to the management for their cooperation and support during Mrs. Bankda's association with the company. She specifically requested the Board to inform relevant exchanges, ROC, and other authorities about her resignation in a timely manner, demonstrating adherence to proper corporate governance protocols.