Southern Latex Limited Reports 144% Jump in Q3FY26 Profit to ₹1.54 Lakhs

2 min read     Updated on 30 Jan 2026, 02:56 PM
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Reviewed by
Radhika SScanX News Team
Overview

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.

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Southern Latex Limited Schedules Board Meeting on January 30, 2026 for Q3FY26 Financial Results Review

1 min read     Updated on 23 Jan 2026, 02:22 PM
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Reviewed by
Riya DScanX News Team
Overview

Southern Latex Limited has scheduled a board meeting for January 30, 2026, at 2:00 PM to consider and approve Q3FY26 unaudited financial results for the quarter ended December 31, 2025. The company has implemented a trading window closure for designated persons from January 1, 2026, until 48 hours after results publication, in compliance with SEBI insider trading regulations.

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Southern latex has announced that its Board of Directors will convene on January 30, 2026, to review and approve the company's third quarter financial performance. The meeting represents a key milestone in the company's quarterly reporting cycle as it prepares to disclose its financial results for the period ended December 31, 2025.

Board Meeting Details

The board meeting has been scheduled with specific parameters to ensure compliance with regulatory requirements and proper governance protocols.

Parameter: Details
Meeting Date: January 30, 2026
Meeting Time: 2:00 PM
Venue: Registered Office
Primary Agenda: Q3FY26 Unaudited Financial Results
Reporting Period: Quarter ended December 31, 2025

Regulatory Compliance and Trading Window

In adherence to the Securities and Exchange Board of India regulations, Southern Latex Limited has implemented mandatory trading restrictions for designated persons. The company has established a trading window closure period to prevent any potential insider trading activities during the sensitive period surrounding financial results disclosure.

The trading window restrictions encompass the following timeline:

  • Closure Start Date: January 1, 2026
  • Closure End Date: 48 hours after results publication on January 30, 2026
  • Applicable Persons: All designated persons under the company's insider trading code
  • Regulatory Framework: SEBI (Prohibition of Insider Trading) Regulation, 2018

Meeting Agenda and Statutory Requirements

The board meeting will address critical financial reporting obligations under Regulation 29 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The primary focus will be on reviewing the company's performance metrics and ensuring accurate financial disclosure to stakeholders.

Key agenda items include:

  • Consideration and approval of unaudited financial results for Q3FY26
  • Review of the Limited Review Report prepared by statutory auditors
  • Compliance verification with applicable accounting standards
  • Authorization for public disclosure of financial information

Corporate Governance Framework

The announcement demonstrates Southern Latex Limited's commitment to maintaining transparent corporate governance practices and timely regulatory compliance. The company's proactive approach to insider trading prevention reflects its dedication to protecting investor interests and maintaining market integrity.

The formal communication was issued by Kavitha.C, serving as both Compliance Officer and Company Secretary, ensuring proper authorization and documentation of the board meeting notification. This structured approach to financial reporting and regulatory compliance positions the company to meet its statutory obligations while maintaining stakeholder confidence in its governance framework.

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