Lakshmi Engineering & Warehousing Limited (LEWL) has reported a robust financial performance for the second quarter ended September 30, 2025, with significant growth in both revenue and profitability.

Financial Highlights

The company's unaudited financial results for Q2 FY2025-26 reveal:

Key Takeaways

1. Revenue Growth: LEWL's revenue from operations increased by 18.6% year-over-year to ₹390.81 lakhs in Q2 FY2025-26, up from ₹329.43 lakhs in the same quarter last year.

2. Profit Surge: The company's profit after tax saw a significant jump of 79% quarter-on-quarter, rising from ₹32.67 lakhs in Q1 FY2025-26 to ₹58.44 lakhs in Q2 FY2025-26.

3. Segment Performance:

   • Warehousing Rental Services generated revenue of ₹270.66 lakhs
   • Engineering Services contributed ₹142.77 lakhs to the total revenue

4. Improved Margins: The company's profit before tax margin improved to 15.7% in Q2 FY2025-26, compared to 12.9% in the same quarter last year.

5. Half-Yearly Performance: For H1 FY2025-26, LEWL reported:

   • Total income of ₹763.22 lakhs, up from ₹708.98 lakhs in H1 FY2024-25
   • Profit before tax of ₹107.22 lakhs, compared to ₹85.87 lakhs in the previous year

Management Commentary

The Board of Directors approved these unaudited financial results at their meeting held on November 11, 2025. The company's strong performance in Q2 reflects its resilience and operational efficiency across both its Warehousing Rental Services and Engineering Services segments.

Balance Sheet Strength

As of September 30, 2025, LEWL's financial position remains solid:

• Total assets stood at ₹4,307.46 lakhs
• Shareholders' equity increased to ₹2,191.09 lakhs
• The company maintained a cash and cash equivalents balance of ₹6.88 lakhs

Outlook

Lakshmi Engineering & Warehousing Limited's consistent growth in revenue and profitability suggests a positive trajectory. The company's diverse revenue streams from Warehousing Rental Services and Engineering Services appear to be contributing to its overall financial stability and growth.

Lakshmi Engineering & Warehousing Limited has released its quarterly financial results, showing a mixed performance with a significant decline in revenue but a slight increase in profit.

Revenue Decline

The company reported a substantial decrease in revenue from operations, which fell to ₹323.68 lakhs from ₹1,279.87 lakhs in the previous quarter. This represents a significant decline of approximately 74.71% quarter-on-quarter. The total income for the quarter stood at ₹342.11 lakhs, down from ₹355.15 lakhs in the preceding quarter.

Segment Performance

Lakshmi Engineering and Warehousing operates in two main segments:

1. Warehousing Rental Services: This segment generated revenue of ₹216.40 lakhs, contributing significantly to the company's top line.
2. Engineering Services: This segment reported revenue of ₹119.22 lakhs for the quarter.

Profit Increase

Despite the revenue decline, the company experienced a slight increase in profitability. Profit after tax (PAT) stood at ₹24.10 lakhs, up from ₹21.79 lakhs in the previous quarter, marking an increase of about 10.60%.

Earnings Per Share

The earnings per share (EPS) for the quarter improved to ₹3.60, compared to ₹3.26 in the previous quarter, reflecting the increase in profitability.

Financial Position

The company maintained its paid-up equity share capital at ₹668.75 lakhs, with a face value of ₹100 per share. The total comprehensive income for the period was reported at ₹24.32 lakhs.

Conclusion

While Lakshmi Engineering and Warehousing Limited has shown a significant decline in its revenue for the quarter, the company managed to slightly improve its profitability. The contrasting performance in revenue and profit presents a complex picture for investors and stakeholders, who will likely be watching closely to see how the company addresses these challenges in the coming quarters.