Lambodhara Textiles Approves FY26 Audited Results, Recommends 10% Dividend
Lambodhara Textiles reported audited financial results for FY26, with revenue at ₹23,795.62 lakhs and PAT at ₹1,100.48 lakhs. A dividend of 10% (₹0.50/share) is recommended. The company also approved re-appointments of cost and internal auditors, a new RTA, and re-appointed three Whole-Time Directors.
The financial results are routine, but the dividend recommendation and re-appointments of directors and auditors are significant corporate actions that impact investor confidence and company governance.
The approval of audited financial results, recommendation of a dividend, and re-appointment of key personnel and auditors are positive developments for the company.
Lambodhara Textiles Limited announced the outcome of its Board Meeting held on May 30, 2026. The Board approved the audited financial results for the quarter and year ended March 31, 2026, along with the Statement of Assets and Liabilities and Cash Flow Statement. The Statutory Auditors have expressed an unmodified opinion on these results.
The company's revenue from operations for the year ended March 31, 2026, was ₹23,795.62 lakhs, with a profit after tax of ₹1,100.48 lakhs. For the quarter ended March 31, 2026, revenue from operations stood at ₹5,723.14 lakhs, and profit after tax was ₹312.92 lakhs.
The Board has recommended a dividend of ₹0.50 per equity share (10% on the face value of ₹5) for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting.
Furthermore, the Board approved the re-appointment of M/s. C.S. Hanumantha Rao & Co. as Cost Auditors and Mrs. K.V. Anandhi as Internal Auditor for the financial year 2026-27. The company also approved the appointment of Cameo Corporate Services Limited as the new Registrar and Share Transfer Agent (RTA), replacing MUFG Intime India Private Limited.
In terms of key management, the Board approved the re-appointment of Mr. Balu Narayanasamy, Mrs. Bosco Giulia, and Mr. Nishanth Balu as Whole-Time Directors for further periods of three years each, commencing from July 11, 2026, September 28, 2026, and December 7, 2026, respectively. These re-appointments are subject to shareholder approval at the ensuing AGM.
The Board Meeting commenced at 1:30 PM IST and concluded at 4:45 PM IST.
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Lambodhara Textiles Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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