Latest news about LWS Knitwear
LWS Knitwear
15.67
-0.08(-0.51%)
Company Performance:
View Company Insights1D-0.51%
1M+0.77%
6M-3.98%
1Y-23.15%
5Y+90.63%
More news about LWS Knitwear
03Oct 25
LWS Knitwear Announces Key Leadership Changes and Auditor Appointment
LWS Knitwear has reappointed Mr. Girish Kapoor as Managing Director for five years from September 1, 2026. The company appointed M/s Bhambri and Associates as Secretarial Auditor for 2025-26 to 2029-30. At the 36th AGM, shareholders approved key resolutions including financial statement adoption, director reappointments, remuneration changes, and a potential loan agreement with directors. The meeting saw participation from 42 members, with e-voting available from September 27-29, 2025.
14Aug 25
LWS Knitwear Reports 24.8% Revenue Decline in Q1 FY2026, Improves Margins
LWS Knitwear Limited announced Q1 FY2026 results with revenue declining 24.8% to ₹13.07 crore. Net profit fell 15.8% to ₹27.23 lakh. Despite revenue challenges, the company improved gross profit margin to 9.40% from 5.10% and slightly increased operating margins to 2.70%. Cost optimization efforts were evident with reduced material costs and other expenses. Paid-up equity share capital increased to ₹14.63 crore, while EPS dropped to ₹0.19. The Board approved these unaudited results, and the statutory auditor's limited review found no issues.
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