Lakshmi Mills has announced that its Board of Directors will convene on February 11, 2026, to consider and approve the unaudited financial results for the third quarter and nine months ended December 31, 2025. The meeting notification was communicated to BSE Limited on January 9, 2026, in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The upcoming board meeting will focus on reviewing the company's financial performance for the quarter and nine months ended December 31, 2025. The meeting is scheduled to take place on Wednesday, February 11, 2026, where directors will consider and take on record the unaudited financial results along with other business matters.

Trading Window Restrictions

In accordance with regulatory requirements, The Lakshmi Mills Company Limited has implemented a trading window closure for company shares. The trading window remains closed from January 1, 2026, to February 13, 2026, restricting trading activities during this period.

The company has confirmed that the trading window will reopen on February 14, 2026, allowing normal trading operations to resume following the board meeting and results announcement.

Company Information

The Lakshmi Mills Company Limited, established in 1910, operates from its registered office located at Post Box No. 6301, 686, Avanashi Road, Pappanaickenpalayam, Coimbatore - 641 037. The company maintains its corporate identity with CIN: L17111TZ1910PLC000093 and trades on BSE with security code 502958.

Regulatory Compliance

The board meeting notification demonstrates the company's adherence to regulatory frameworks governing listed entities. The announcement was made in compliance with Regulation 29 of the SEBI (LODR) Regulations, 2015, ensuring transparency and timely disclosure to stakeholders and market participants.

Lakshmi Mills , a prominent player in the textile industry, has released its financial results for the second quarter and half-year ended September 30, 2023, revealing a mixed performance with notable changes in revenue and profitability.

Q2 Performance Highlights

The company reported revenue from operations of Rs 5,862.73 lakhs for Q2, marking a significant decline of 19.19% compared to Rs 7,254.78 lakhs in the same quarter of the previous year. Despite the revenue drop, Lakshmi Mills managed to more than double its profit after tax, posting Rs 252.45 lakhs for the current quarter, up from Rs 114.09 lakhs in Q2 of the previous year.

Half-Year Results

For the half-year period, the company's performance showed a similar trend:

The substantial increase in loss after tax for H1 is primarily attributed to significant deferred tax adjustments of Rs 1,983.89 lakhs related to brought forward unabsorbed depreciation and the adoption of a new tax regime.

Segment Performance

Lakshmi Mills operates in two business segments:

1. Textiles: This segment reported a loss before interest and tax of Rs 64.27 lakhs for Q2.
2. Rental Services: The rental services segment generated a profit of Rs 524.05 lakhs in the same quarter.

Financial Position

As of September 30, 2023, the company's financial position shows:

• Total Assets: Rs 102,168.56 lakhs
• Total Equity: Rs 81,137.55 lakhs
• Total Liabilities: Rs 21,031.01 lakhs

Management Actions

The Board of Directors reconstituted the Audit Committee during their meeting held on November 10, 2023, indicating the company's commitment to maintaining strong corporate governance practices.

Conclusion

While Lakshmi Mills faces challenges in its core textile business, as evidenced by the revenue decline and segment loss, the company's rental services continue to perform well. The significant increase in quarterly profit despite lower revenue suggests improved operational efficiency or cost management. However, the substantial half-year loss underscores the impact of tax-related adjustments on the company's bottom line.