Lovable Lingerie Reports 1,061% Surge in Q1 Profit, Appoints New Company Secretary
Lovable Lingerie's Q1 FY2026 results show significant growth with profit after tax increasing by 1,061% to Rs 354.56 lakh. Revenue from operations rose 5.4% to Rs 1,643.59 lakh. The company closed its Kagllipura unit and shifted operations to Thalagatpura to improve efficiency. CS Sunil Kumar Bansal was appointed as Company Secretary and Compliance Officer. Managing Director Lattupalli Vinay Reddy highlighted the company's resilience and strategic focus.
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Lovable Lingerie , a prominent player in the lingerie industry, has reported a significant surge in its financial performance for the first quarter ended June 30. The company's unaudited financial results reveal a remarkable growth in profitability and operational efficiency.
Financial Highlights
- Profit After Tax: Rs 354.56 lakh, up 1,061% from Rs 30.54 lakh in Q1 of the previous year
- Revenue from Operations: Rs 1,643.59 lakh, a 5.4% increase from Rs 1,559.16 lakh year-over-year
- Total Income: Rs 1,863.10 lakh, compared to Rs 1,719.83 lakh in the same quarter last year
- Earnings Per Share (EPS): Improved to Rs 2.40 from Rs 1.41 in the corresponding quarter
Operational Efficiency
During the period, Lovable Lingerie took strategic steps to enhance its operational efficiency:
- Closed the Kagllipura unit
- Shifted operations to Thalagatpura
- Aimed to improve capacity utilization and reduce operational costs
- Expected to achieve better asset deployment and workflow integration
- Anticipated reduction in fixed and variable costs through scale efficiencies
New Appointment
The Board of Directors, in their meeting held on August 14, made a key appointment:
- CS Sunil Kumar Bansal appointed as Company Secretary and Compliance Officer
- Effective from August 14
- Designated as Key Managerial Personnel under section 203 of the Companies Act, 2013
- Will serve as Compliance Officer under Regulation 6(1) of the SEBI Listing Regulations
Management Commentary
Lattupalli Vinay Reddy, Managing Director of Lovable Lingerie Limited, stated, "Our first quarter results demonstrate the company's resilience and strategic focus. The significant increase in profit after tax reflects our efforts in operational optimization and market responsiveness. The appointment of CS Sunil Kumar Bansal as our new Company Secretary and Compliance Officer further strengthens our corporate governance framework."
Financial Table
| Particulars (Rs in Lakh) | Q1 FY2026 | Q1 FY2025 | YoY Change |
|---|---|---|---|
| Revenue from Operations | 1,643.59 | 1,559.16 | +5.4% |
| Total Income | 1,863.10 | 1,719.83 | +8.3% |
| Profit Before Tax | 180.69 | 239.22 | -24.5% |
| Profit After Tax | 354.56 | 30.54 | +1,061% |
| Earnings Per Share (Rs) | 2.40 | 1.41 | +70.2% |
Lovable Lingerie's strong performance in Q1, coupled with strategic operational changes and key appointments, positions the company for continued growth in the lingerie market. Investors and stakeholders will be keenly watching how these positive developments translate into long-term value creation for the company.
Historical Stock Returns for Lovable Lingerie
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.90% | -8.32% | -9.61% | -18.52% | -26.87% | +34.76% |
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