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Financial Results

Lakshmi Mills Q2 Net Profit Jumps 224% YoY to ₹8.1 Crore as Operating Margins Double

Lakshmi Mills Company Ltd delivered a strong performance in Q2 FY27, with net profit surging 224% year-on-year to ₹8.1 crore. The growth was supported by a 33% increase in operational revenue and a significant expansion in operating margins to 13.3%.

Women in a textile factory, working on machinery, showcasing teamwork and industry. Stock photo illustrating Lakshmi Mills Company's financial results story.
Photo: EqualStock IN / Pexels
Key numbers
Market Cap ₹583.54 CrTextiles Sector
P/E Ratio 60.84Sector PE 48.16
RSI 63.18Neutral Zone
Promoter Holding 65.95%Stable holding
Results at a glance · ₹ Cr
MetricQ2-27Q1-27Q2-26
Revenue from Operations78.059.758.6
Other Income2.00.41.9
Total Income79.960.160.5
Profit Before Tax10.64.13.0
Net Profit8.13.12.5
Operating Margin13.3%6.8%5.0%
Net Profit QoQ+161.3%
Net Profit YoY+224.0%
Adj. Profit QoQ+132.4%
Adj. Profit YoY+681.8%

Key highlights

  • Net profit reached ₹8.1 crore in Q2 FY27, a 224% increase from ₹2.5 crore in Q2 FY26
  • Revenue from operations grew to ₹78.0 crore, up from ₹58.6 crore in the same period last year
  • Operating margins expanded to 13.3% from 5.0% year-on-year, reflecting improved cost efficiency
  • The textile segment revenue increased to ₹70.86 crore, while rental services contributed ₹7.19 crore
  • Sequentially, net profit grew by 161.3% compared to the ₹3.1 crore reported in Q1 FY27

Textile and Rental Segments Drive Topline Expansion

Lakshmi Mills Company Ltd recorded a substantial rise in total income to ₹79.9 crore in Q2 FY27, up from ₹60.5 crore in the same period last year. This performance was anchored by ₹78.0 crore in revenue from operations, representing a year-on-year growth of 33%. The textile division remained the primary driver, contributing ₹70.86 crore to the topline, compared to ₹52.40 crore in the prior year's corresponding period.

The rental services segment also showed steady progress, generating ₹7.19 crore in revenue. Profitability in the textile segment turned around significantly, posting a profit before interest and tax of ₹5.98 crore against a loss in the year-ago quarter.

Operational Efficiency and Margin Improvements

  • Operating margins climbed to 13.3% in Q2 FY27 from 5.0% in Q2 FY26.
  • Other income for the quarter rose to ₹2.0 crore, up from ₹0.4 crore in the preceding June quarter.
  • Expenditure on power and fuel was recorded at ₹7.85 crore during the quarter.
  • Finance costs remained stable at ₹2.05 crore compared to ₹2.14 crore in the previous year.
  • The company expects annual power savings of ₹11.00 crore in FY27 from captive solar and wind units.
  • Net profit on a trailing twelve-month (TTM) basis stands at ₹9.59 crore.

Financial Position and Market Performance

As of September 30, 2026, Lakshmi Mills maintains a total asset base of ₹1,155.5 crore, with equity share capital at ₹6.96 crore. The company's technical indicators show a Relative Strength Index of 63.18, suggesting a neutral to positive market stance. With a price-to-earnings ratio of 60.84 against a sector average of 48.16, the market is adjusting to the company's recent turnaround from an annual net loss of ₹15.55 crore in the previous fiscal year.

Total comprehensive income for the quarter was reported at ₹55.09 crore, heavily influenced by fair value changes in investments.

Lakshmi Mills Company · share price, past month
Recent quarters and guidance
DateAnnouncementAmount
14 Aug 2026Q1 FY27 unaudited standalone net profitSource: scanx.trade₹3.11 Cr
18 May 2026Q4 FY26 audited standalone net profitSource: scanx.trade₹1.92 Cr
12 Feb 2026Q3 FY26 unaudited standalone net profitSource: scanx.trade₹2.04 Cr
10 Nov 2025Q2 FY26 unaudited standalone net profitSource: livemint.com₹2.52 Cr
14 Aug 2025Q1 FY26 unaudited standalone net lossSource: scanx.trade₹-22.03 Cr
28 May 2025Q4 FY25 audited standalone net lossSource: scanx.trade₹-0.66 Cr

What to watch next

  • Full-year impact of captive solar and wind generation power savings by March 2027
  • Status of Phase 3 expansion of the Rental Services Project with ₹91 crore outlay
  • Announcement of Q3 FY27 financial results in February 2027
Lakshmi Mills Company · financial snapshot
Share price₹8388.95
Market capitalisation₹583.54 Cr
Revenue (annual)₹241.83 Cr
Net profit (annual)-₹15.55 Cr
Revenue (latest quarter)₹59.72 Cr-9.85% vs previous quarter
Net profit (latest quarter)₹3.11 Cr+62.05% vs previous quarter
P/E (TTM)60.84×Sector 48.16×
Promoter holding65.95%+0.01% QoQ
FII holding0%Current quarter

Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.

Source verified

Exchange filing by Lakshmi Mills Company Ltd announcing its unaudited financial results for the quarter and half-year ended September 30, 2026. Market figures from a third-party data provider.

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