Kovilpatti Lakshmi Q2 profit rises to Rs 3.52 crore

Kovilpatti Lakshmi Roller Flour Mills Limited reported profit of Rs 3.52 crore for the quarter ended September 30, 2026, compared with Rs 0.75 crore a year earlier, after profit before exceptional items and tax rose to Rs 2.81 crore and a Rs 1.67 crore asset-sale gain was recorded.

What drove Kovilpatti Lakshmi’s Q2 profit increase?

Kovilpatti Lakshmi’s profit increase reflected both higher profit before exceptional items and tax and a one-time exceptional item. Profit before exceptional items and tax reached Rs 2.81 crore in the quarter ended September 30, 2026, compared with Rs 1.11 crore in the September 2025 quarter and Rs 1.45 crore in the June 2026 quarter.

Kovilpatti Lakshmi recorded an exceptional item of Rs 1.67 crore in the September 2026 quarter, which the results identify as profit on sale of an asset. This took profit before tax to Rs 4.48 crore from Rs 2.81 crore before the exceptional item; tax expense of Rs 0.97 crore then resulted in period profit of Rs 3.52 crore.

Kovilpatti Lakshmi’s reported quarterly profit increased by Rs 2.77 crore year on year, but Rs 1.67 crore of the September-quarter result came from the asset sale. The pre-exceptional measure increased by Rs 1.70 crore from the prior-year quarter, while basic and diluted earnings per share, not annualised, rose to Rs 3.89 from Rs 0.83.

How did Kovilpatti Lakshmi’s income and costs change?

Kovilpatti Lakshmi reported total income of Rs 116.12 crore for the September 2026 quarter, up Rs 11.75 crore from Rs 104.37 crore in the September 2025 quarter. Total expenses rose by Rs 10.04 crore to Rs 113.30 crore, compared with Rs 103.26 crore a year earlier.

Kovilpatti Lakshmi’s increase in income exceeded the rise in expenses by Rs 1.70 crore, matching the improvement in profit before exceptional items and tax to Rs 2.81 crore from Rs 1.11 crore. In the preceding June 2026 quarter, total income was Rs 92.65 crore and expenses were Rs 91.20 crore, producing Rs 1.45 crore of profit before exceptional items and tax.

The segment reconciliation shows finance cost of Rs 1.87 crore for the September 2026 quarter, compared with Rs 2.53 crore a year earlier and Rs 1.78 crore in the June 2026 quarter. Combined segment profit before finance cost and tax was Rs 4.69 crore, versus Rs 3.64 crore in September 2025, leaving Rs 2.81 crore after finance cost.

For the six months ended September 30, 2026, Kovilpatti Lakshmi’s total income was Rs 208.77 crore, compared with Rs 204.32 crore in the corresponding 2025 period. Profit before exceptional items and tax rose to Rs 4.27 crore from Rs 2.81 crore, while profit for the period increased to Rs 4.60 crore from Rs 4.39 crore.

Which Kovilpatti Lakshmi segments contributed to quarterly results?

Kovilpatti Lakshmi’s food division generated September-quarter revenue of Rs 87.27 crore and its engineering division generated Rs 28.85 crore. Food revenue increased from Rs 77.72 crore in the September 2025 quarter, while engineering revenue increased from Rs 26.65 crore, so both disclosed divisions posted year-on-year revenue growth.

Kovilpatti Lakshmi’s engineering division reported segment profit before finance cost and tax of Rs 3.53 crore in the September 2026 quarter, compared with Rs 3.38 crore a year earlier. The food division contributed Rs 1.16 crore, up from Rs 0.26 crore, taking the combined segment result to Rs 4.69 crore from Rs 3.64 crore.

For the six months ended September 30, 2026, Kovilpatti Lakshmi’s food revenue was Rs 151.55 crore, below Rs 154.11 crore a year earlier, while engineering revenue increased to Rs 57.22 crore from Rs 50.21 crore. Engineering segment profit before finance cost and tax was Rs 5.78 crore for the half year, against Rs 5.40 crore in the prior-year period; food contributed Rs 2.14 crore against Rs 2.16 crore.

What do Kovilpatti Lakshmi’s assets and liabilities show?

Kovilpatti Lakshmi had total assets of Rs 224.61 crore at September 30, 2026, compared with Rs 193.37 crore at March 31, 2026. Capital work in progress rose to Rs 29.38 crore from Rs 3.84 crore over the same period, while property, plant and equipment stood at Rs 82.16 crore versus Rs 83.05 crore.

Kovilpatti Lakshmi’s total liabilities were Rs 146.55 crore at September 30, 2026, compared with Rs 151.78 crore a year earlier and Rs 118.81 crore at March 31, 2026. Total capital employed was Rs 78.06 crore, up from Rs 70.84 crore a year earlier and Rs 74.56 crore at the March 2026 year-end.

The food division had assets of Rs 164.42 crore at September 30, 2026, compared with Rs 166.60 crore a year earlier, while engineering assets increased to Rs 58.83 crore from Rs 52.80 crore. Food capital employed was Rs 54.03 crore against Rs 52.39 crore, and engineering capital employed rose to Rs 28.58 crore from Rs 21.97 crore.

Kovilpatti Lakshmi’s board approved the unaudited standalone results on November 13, 2026. The statutory auditor conducted a limited review and stated that nothing had come to its attention indicating that the results were not prepared, in material respects, under the applicable Indian Accounting Standards and disclosure requirements.

Conclusion

Kovilpatti Lakshmi’s September 2026 quarter combined higher income and segment profit with a separately disclosed Rs 1.67 crore gain on the sale of an asset. Reported profit rose to Rs 3.52 crore from Rs 0.75 crore, while profit before exceptional items and tax increased to Rs 2.81 crore from Rs 1.11 crore, showing that the improvement was not solely attributable to the exceptional item.

The next results will indicate whether Kovilpatti Lakshmi can sustain the September-quarter pre-exceptional profit of Rs 2.81 crore without another asset-sale gain. The movement in capital work in progress, which increased to Rs 29.38 crore at September 30, 2026 from Rs 3.84 crore at March 31, 2026, is also a disclosed balance-sheet item to watch.