Laxmi Cotspin's Q2 FY 2025-26 Quarterly Results

Result Summary

• Laxmi Cotspin Ltd reported a 15.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 3.6%.
• Its expenses for the quarter were up by 16.9% QoQ and down 3.9% YoY.
• The net profit decreased 68.5% QoQ and decreased 110.9% YoY.
• The earnings per share (EPS) of Laxmi Cotspin Ltd stood at 0.24 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Laxmi Cotspin Ltd is a company engaged in the textile industry, primarily focusing on the production and distribution of cotton yarn and related products. The company operates within the textile sector, which is known for its cyclicality and dependency on raw material prices, particularly cotton. As of the latest data, there are no specific major developments or announcements available regarding Laxmi Cotspin Ltd. This report will analyze the financial performance of Laxmi Cotspin Ltd based on the quarterly financial data provided.

Revenue

In Q2FY26, Laxmi Cotspin Ltd reported a total income of ₹58.78 crores, showing a sequential increase from ₹51.08 crores in Q1FY26, which represents a quarter-over-quarter growth of 15.1%. When compared to the same quarter in the previous year (Q2FY25), where the total income was ₹56.74 crores, the company experienced a year-over-year increase of 3.6%. These figures indicate a positive trend in revenue generation over the quarters, reflecting the company's ability to increase its income both on a quarterly and yearly basis.

Profitability

The profitability of Laxmi Cotspin Ltd, as measured by profit before tax (PBT) and profit after tax (PAT), showed significant fluctuations. The PBT for Q2FY26 was ₹0.41 crores, down from ₹2.15 crores in Q1FY26, marking a substantial quarter-over-quarter decrease of 80.9%. However, this is an improvement from the loss of ₹3.98 crores recorded in Q2FY25. The PAT for Q2FY26 was ₹0.41 crores, compared to ₹1.30 crores in Q1FY26, which reflects a decrease of 68.5% QoQ. Compared to a loss of ₹3.77 crores in Q2FY25, there is a notable year-over-year improvement, despite the sequential decline in profitability this quarter. The earnings per share (EPS) for Q2FY26 stood at ₹0.24, down from ₹0.76 in Q1FY26, yet it improved from a negative EPS of ₹2.20 in Q2FY25.

Operating Metrics

The financial data for Laxmi Cotspin Ltd highlights several operating metrics of interest. Total expenses for Q2FY26 were ₹58.36 crores, increasing from ₹49.93 crores in Q1FY26, which represents a quarter-over-quarter rise of 16.9%. Compared to Q2FY25, where expenses were ₹60.73 crores, there is a year-over-year decrease of 3.9%. This indicates a reduction in expenses compared to the previous year, although expenses have increased sequentially. The tax expense for Q2FY26 was minimal at ₹0.01 crores, a decline from ₹0.85 crores in Q1FY26, and represents a significant change from a negative tax expense of ₹0.21 crores in Q2FY25. These metrics provide insights into the operational cost management and tax implications for the company over the reporting periods.