Southern Latex Limited Reports 144% Jump in Q3FY26 Profit to ₹1.54 Lakhs
Southern Latex Limited reported strong Q3FY26 results with profit after tax jumping 144% to ₹1.54 lakhs from ₹0.63 lakhs year-on-year. Nine-month profit grew 88% to ₹4.02 lakhs despite stable revenue of ₹18.00 lakhs. The company maintained effective cost control with total expenses declining 17% in Q3FY26. With total assets of ₹684.71 lakhs and focus on coir sales, Southern latex demonstrates consistent operational efficiency and financial discipline.

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Southern latex Limited has delivered impressive financial performance in Q3FY26, demonstrating strong profitability growth despite operating in a single business segment. The Chennai-based company, which operates exclusively in coir sales, reported its unaudited financial results for the quarter ended December 31, 2025, showing significant improvement across key financial metrics.
Strong Quarterly Performance
The company's financial performance for Q3FY26 showed remarkable improvement compared to the previous year. Southern latex achieved substantial profit growth while maintaining stable revenue streams.
| Metric | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Total Income | ₹6.00 lakhs | ₹6.00 lakhs | 0% |
| Total Expenses | ₹4.46 lakhs | ₹5.37 lakhs | -17% |
| Profit After Tax | ₹1.54 lakhs | ₹0.63 lakhs | +144% |
| Basic EPS | ₹0.021 | ₹0.009 | +133% |
Nine-Month Performance Analysis
For the nine months ended December 31, 2025, Southern latex continued its positive trajectory with consistent profitability improvements. The company's disciplined approach to expense management contributed significantly to enhanced bottom-line performance.
| Parameter | Nine Months FY26 | Nine Months FY25 | Growth (%) |
|---|---|---|---|
| Total Income | ₹18.00 lakhs | ₹18.00 lakhs | 0% |
| Total Expenses | ₹13.98 lakhs | ₹15.86 lakhs | -12% |
| Profit After Tax | ₹4.02 lakhs | ₹2.14 lakhs | +88% |
| Basic EPS | ₹0.055 | ₹0.029 | +90% |
Expense Management and Cost Control
The company demonstrated effective cost management across various expense categories during Q3FY26. Employee benefit expenses increased marginally to ₹1.90 lakhs from ₹1.50 lakhs in Q3FY25, while other expenses decreased significantly to ₹2.56 lakhs from ₹3.51 lakhs year-on-year. Notably, the company reported no depreciation expense in Q3FY26 compared to ₹0.36 lakhs in the corresponding quarter of the previous year.
Balance Sheet Strength
As of December 31, 2025, Southern latex maintained a robust financial position with total assets of ₹684.71 lakhs. The company's balance sheet reflects strong liquidity management and asset utilization.
| Balance Sheet Item | Dec 31, 2025 | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|---|
| Total Assets | ₹684.71 lakhs | ₹682.06 lakhs | ₹690.40 lakhs |
| Cash & Cash Equivalents | ₹5.04 lakhs | ₹2.03 lakhs | ₹8.47 lakhs |
| Loans & Deposits | ₹609.33 lakhs | ₹609.33 lakhs | ₹610.07 lakhs |
| Equity Share Capital | ₹735.92 lakhs | ₹735.92 lakhs | ₹735.92 lakhs |
Cash Flow and Operational Efficiency
The company's cash flow statement for the nine months ended December 31, 2025, shows a net cash outflow from operating activities of ₹3.43 lakhs. Despite the operational cash flow challenges, the company maintained adequate liquidity with cash and cash equivalents of ₹5.04 lakhs at the end of December 2025.
Corporate Governance and Compliance
The Board of Directors approved the unaudited financial results at their meeting held on January 30, 2026. The meeting commenced at 2:00 PM and concluded at 2:30 PM, with the Audit Committee reviewing and recommending the results. The statutory auditors provided an unmodified opinion on the financial results, confirming compliance with applicable accounting standards and regulatory requirements.
Southern latex Limited continues to focus on its core coir sales business while maintaining strong financial discipline and governance standards. The company's consistent profitability improvement and effective cost management position it well for sustained growth in the coming quarters.
Historical Stock Returns for Southern Latex
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |





























