Laxmi Cotspin's Q3 FY 2025-26 Quarterly Results
- 14 Feb 2026
Result Summary
- Laxmi Cotspin Ltd reported a 56.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 38.9%.
- Its expenses for the quarter were down by 53.2% QoQ and 34.8% YoY.
- The net profit decreased 461.0% QoQ and decreased 648.1% YoY.
- The earnings per share (EPS) of Laxmi Cotspin Ltd declined at 0.86 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 25.83 | 58.78 | 42.25 | -56.1% | -38.9% |
Total Expenses | 27.31 | 58.36 | 41.90 | -53.2% | -34.8% |
Profit Before Tax | -1.28 | 0.41 | 0.34 | -412.2% | -476.5% |
Tax | 0.20 | 0.01 | 0.07 | 1900.0% | 185.7% |
Profit After Tax | -1.48 | 0.41 | 0.27 | -461.0% | -648.1% |
Earnings Per Share | -0.86 | 0.24 | 0.16 | -458.3% | -637.5% |
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 operates within the textile industry, primarily focusing on the production and distribution of cotton yarn and other cotton-based products. The company is known for its integrated approach to cotton processing, encompassing spinning, weaving, and other related services. As of the most recent updates available until October 2023, there have been no significant publicized developments or major changes in the company's operations or market strategy. However, like many companies in the textile sector, Laxmi Cotspin Ltd may be influenced by broader industry trends such as fluctuating demand for cotton products, changes in raw material prices, and shifting trade policies.
Revenue
In the third quarter of fiscal year 2026 (Q3FY26), Laxmi Cotspin Ltd reported a total income of ₹25.83 crores, which represents a significant decline from the ₹58.78 crores recorded in the previous quarter (Q2FY26) and a decrease from the ₹42.25 crores achieved in the same quarter of the previous fiscal year (Q3FY25). The quarter-over-quarter (QoQ) change in total income reflects a decrease of 56.1%, while the year-over-year (YoY) change indicates a 38.9% reduction. These figures highlight a downward trend in revenue generation for the company over the specified periods.
Profitability
The company experienced a downturn in its profitability metrics in Q3FY26. Laxmi Cotspin Ltd reported a loss before tax of ₹1.28 crores, contrasting with the profit before tax of ₹0.41 crores in Q2FY26 and ₹0.34 crores in Q3FY25. The QoQ change in profit before tax is a drop of 412.2%, and the YoY change is a decrease of 476.5%. The tax expense for the quarter was ₹0.20 crores, which marks a substantial increase relative to the previous quarter and the same quarter last year, with QoQ and YoY increases of 1900.0% and 185.7%, respectively. Consequently, the company recorded a loss after tax of ₹1.48 crores in Q3FY26, which represents a significant decline from the profit after tax of ₹0.41 crores in Q2FY26 and ₹0.27 crores in Q3FY25. This resulted in a QoQ decrease of 461.0% and a YoY decrease of 648.1%. Earnings per share also followed this negative trend, with a reported value of -₹0.86 in Q3FY26, compared to ₹0.24 in Q2FY26 and ₹0.16 in Q3FY25, reflecting QoQ and YoY declines of 458.3% and 637.5%, respectively.
Operating Metrics
The total expenses for Laxmi Cotspin Ltd in Q3FY26 were ₹27.31 crores, showing a substantial reduction from the ₹58.36 crores reported in Q2FY26 and the ₹41.90 crores in Q3FY25. The QoQ change in total expenses was a decrease of 53.2%, while the YoY change was a decline of 34.8%. Despite the reduction in expenses, the company still recorded a loss, indicating that the decrease in income was more pronounced than the cut in expenses. The significant reductions in both revenue and expenses, coupled with the increased tax outlay, characterize the company's financial operations for the quarter. These metrics provide an understanding of the company's financial performance and operational challenges during this period.