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LFIC Q3 Net Profit at ₹134.24 Lakhs, EPS Turns Positive to ₹4.47
Lakshmi Finance & Industrial Corporation (LFIC) reported a significant turnaround in Q3 FY26, posting a net profit of ₹134.24 lakhs compared to a net loss of ₹201.84 lakhs in the same quarter last year. Total revenue for the quarter rose to ₹245.07 lakhs from ₹202.34 lakhs YoY, supported by gains on financial instruments and fair value changes. However, the nine-month performance shows a decline, with net profit at ₹385.13 lakhs compared to ₹621.75 lakhs in the previous year. The company also noted ongoing legal proceedings regarding land recovery and the non-recognition of ₹153.40 lakhs in MAT credit.
Key Highlights
Net Profit for Q3 FY26 stood at ₹134.24 lakhs vs a loss of ₹201.84 lakhs in Q3 FY25. Earnings Per Share (EPS) improved to ₹4.47 for the quarter from negative ₹6.73 YoY. Total Revenue for the quarter increased by 21% YoY to ₹245.07 lakhs. Nine-month (9M) Net Profit declined to ₹385.13 lakhs from ₹621.75 lakhs in the previous year. Company is contesting legal proceedings to regain possession of land costing ₹11.59 lakhs.
💼 Action for Investors Investors should monitor the volatility in the company's earnings, which are heavily influenced by fair value changes in its investment portfolio. While the quarterly turnaround is encouraging, the decline in nine-month profitability warrants a cautious outlook.
LFIC Reports Q3 Net Profit of ₹1.34 Cr, Rebounds from Previous Year's Loss
Lakshmi Finance & Industrial Corporation (LFIC) reported a significant turnaround in Q3 FY26, posting a net profit of ₹134.24 Lakhs compared to a net loss of ₹201.84 Lakhs in the same quarter last year. Total revenue for the quarter rose to ₹225.07 Lakhs, driven by gains on financial instruments and fair value changes. However, on a nine-month basis, net profit declined to ₹385.13 Lakhs from ₹621.75 Lakhs in the previous year. The company is currently involved in legal proceedings to recover land worth ₹11.59 Lakhs from trespassers in Andhra Pradesh.
Key Highlights
Net Profit for Q3 FY26 stood at ₹134.24 Lakhs vs a loss of ₹201.84 Lakhs in Q3 FY25. Total Revenue increased to ₹225.07 Lakhs from ₹202.34 Lakhs on a year-on-year basis. Earnings Per Share (EPS) improved to ₹4.47 for the quarter from a negative ₹6.73 YoY. Nine-month net profit decreased by 38% YoY to ₹385.13 Lakhs compared to ₹621.75 Lakhs. Minimum Alternative Tax (MAT) credit of ₹153.40 Lakhs remains unrecognized as of December 31, 2025.
💼 Action for Investors Investors should monitor the volatility in LFIC's earnings, which are heavily influenced by fair value changes in its investment portfolio. While the quarterly turnaround is positive, the year-to-date decline in profit suggests a need for caution regarding long-term earnings consistency.
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