Lorenzini Apparels Approves Q1 FY27 Results, Appoints New Statutory Auditors
Lorenzini Apparels Limited approved its Q1 FY27 unaudited results, reporting Revenue from Operations of ₹1,669.17 Lakhs and Profit Before Tax of ₹299.82 Lakhs. The company accepted the resignation of auditors Mittal & Associates and appointed ADMS & Associates as the new statutory auditors, subject to shareholder approval.
The appointment of a new statutory auditor is a significant corporate event that can impact investor confidence and regulatory compliance. The financial results themselves are also material information for stakeholders.
The announcement reports routine financial results and auditor changes, which are standard corporate actions. While the financial performance is presented, there are no significant positive or negative triggers mentioned.
Lorenzini Apparels Limited announced the outcome of its Board Meeting held on August 11, 2026. The Board approved the Unaudited Financial Results for the quarter ended June 30, 2026, along with the limited review report from the statutory auditors.
The company also accepted the resignation of its statutory auditors, M/s Mittal & Associates, citing preoccupation with other assignments. Subsequently, on the recommendation of the Audit Committee, the Board approved the appointment of M/s. ADMS & Associates as the new Statutory Auditors to fill the casual vacancy, subject to shareholder approval. The board meeting commenced at 4:30 PM and concluded at 5:50 PM.
The financial results for the quarter ended June 30, 2026, show Revenue from Operations at ₹1,669.17 Lakhs and Profit Before Tax at ₹299.82 Lakhs. Earning per share (EPS) for the quarter was ₹0.13 basic and diluted. The limited review report by the outgoing statutory auditors, Mittal & Associates, indicated an unmodified opinion on these financial results.
What to do with a filing like this
Lorenzini Apparels 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.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Lorenzini Apparels Limited. Read the original for the full detail.