Kovilpatti Lakshmi Roller Flour Mills Q2 profit rises to Rs 3.52 crore

Kovilpatti Lakshmi Roller Flour Mills Limited reported profit after tax of Rs 3.52 crore for the quarter ended September 30, 2026, up from Rs 75.37 lakh a year earlier, after recording a Rs 1.67 crore exceptional profit on sale of assets. Kovilpatti Lakshmi Roller Flour Mills also increased pre-exceptional profit, total income and segment revenue during the quarter.

Why did Kovilpatti Lakshmi Roller Flour Mills' Q2 profit rise?

Kovilpatti Lakshmi Roller Flour Mills' reported profit rose because pre-exceptional earnings improved and the company booked a Rs 1.67 crore gain on sale of assets. Profit before exceptional items and tax reached Rs 2.81 crore in the September 2026 quarter, compared with Rs 1.11 crore in the September 2025 quarter and Rs 1.45 crore in the June 2026 quarter.

The exceptional item lifted profit before tax to Rs 4.48 crore from Rs 1.11 crore a year earlier. The results identify the item as profit on sale of assets. Total tax expense was Rs 96.54 lakh, comprising current tax of Rs 1.03 crore and deferred-tax credit of Rs 6.08 lakh, leaving profit after tax of Rs 3.52 crore.

Basic and diluted earnings per share were Rs 3.89 for the three months ended September 30, 2026, against Rs 83 paise a year earlier and Rs 1.20 in the preceding quarter. Total comprehensive income was Rs 3.30 crore, below profit after tax because other comprehensive income after tax was negative Rs 22.08 lakh.

How did Kovilpatti Lakshmi Roller Flour Mills' income and costs change?

Kovilpatti Lakshmi Roller Flour Mills' total income increased to Rs 116.12 crore in the September 2026 quarter from Rs 104.37 crore a year earlier and Rs 92.65 crore in the June 2026 quarter. Revenue from operations was Rs 115.49 crore, compared with Rs 103.85 crore in the prior-year quarter, while other income increased to Rs 62.63 lakh from Rs 52.06 lakh.

Total expenses rose to Rs 113.30 crore from Rs 103.26 crore, a smaller increase than total income in absolute terms. Cost of materials consumed increased to Rs 84.74 crore from Rs 75.48 crore, while purchases of stock in trade rose to Rs 6.41 crore from Rs 68.97 lakh. Changes in inventories reduced expenses by Rs 93.43 lakh in the September 2026 quarter, compared with a reduction of Rs 21.59 lakh a year earlier.

Employee-benefit expense declined to Rs 4.51 crore from Rs 7.15 crore, and finance cost fell to Rs 1.87 crore from Rs 2.53 crore. Depreciation and amortisation was Rs 1.70 crore against Rs 1.81 crore, while other expenses decreased to Rs 15.01 crore from Rs 15.81 crore.

Which Kovilpatti Lakshmi Roller Flour Mills segment contributed more?

Kovilpatti Lakshmi Roller Flour Mills' Engineering division remained the larger contributor to segment result before finance cost and tax, generating Rs 3.53 crore in the September 2026 quarter. That was higher than Rs 3.38 crore in the September 2025 quarter and exceeded the Food division's Rs 1.16 crore result.

Food division revenue increased to Rs 87.27 crore from Rs 77.72 crore a year earlier, while its segment result rose to Rs 1.16 crore from Rs 25.98 lakh. Food revenue was also above the Rs 64.28 crore reported in the June 2026 quarter, when its segment result was Rs 97.92 lakh.

Engineering revenue rose to Rs 28.85 crore from Rs 26.65 crore in the prior-year quarter and Rs 28.38 crore in the June 2026 quarter. Combined segment result was Rs 4.69 crore, compared with Rs 3.64 crore a year earlier; deducting finance cost of Rs 1.87 crore resulted in Rs 2.81 crore of profit from continuing operations before exceptional items and tax.

What do Kovilpatti Lakshmi Roller Flour Mills' half-year results show?

Kovilpatti Lakshmi Roller Flour Mills reported profit after tax of Rs 4.60 crore for the six months ended September 30, 2026, compared with Rs 4.39 crore in the corresponding 2025 period. First-half total income rose to Rs 208.77 crore from Rs 204.32 crore, while profit before tax increased to Rs 5.94 crore from Rs 5.76 crore.

The comparison was affected by exceptional gains in both periods. The September 2026 half included Rs 1.67 crore of exceptional profit on sale of assets, versus Rs 2.95 crore in the prior-year half. Before exceptional items and tax, first-half profit was Rs 4.27 crore, up from Rs 2.81 crore a year earlier.

Net cash from operating activities was Rs 6.37 crore in the September 2026 half, compared with net cash used in operating activities of Rs 32.96 crore in the prior-year period. Inventories declined by Rs 7.09 crore in the latest half, whereas they increased by Rs 41.77 crore in the comparable period. The company spent Rs 27.99 crore on property, plant and equipment, including capital work in progress, producing investing cash outflow of Rs 25.95 crore.

How did Kovilpatti Lakshmi Roller Flour Mills' balance sheet change?

Kovilpatti Lakshmi Roller Flour Mills' total assets increased to Rs 224.61 crore at September 30, 2026 from Rs 193.37 crore at March 31, 2026. Capital work in progress rose to Rs 29.38 crore from Rs 3.94 crore, while property, plant and equipment declined to Rs 82.16 crore from Rs 83.05 crore.

Current inventories fell to Rs 58.58 crore from Rs 65.67 crore, consistent with the positive inventory movement in operating cash flow. Trade receivables increased to Rs 29.97 crore from Rs 23.04 crore, and current tax assets increased to Rs 16.44 crore from Rs 5.32 crore. Cash and cash equivalents were Rs 11.63 lakh at September 30, compared with Rs 19.12 lakh at the March year-end.

Total equity rose to Rs 78.06 crore from Rs 74.56 crore, including other equity of Rs 69.02 crore. Non-current borrowings increased to Rs 49.28 crore from Rs 37.44 crore, while current borrowings increased to Rs 56.55 crore from Rs 44.32 crore. Total equity and liabilities consequently stood at Rs 224.61 crore.

Conclusion

Kovilpatti Lakshmi Roller Flour Mills' September-quarter profit increase combined a higher pre-exceptional profit of Rs 2.81 crore with a Rs 1.67 crore asset-sale gain. Food delivered the larger year-on-year increase in segment result, while Engineering supplied the larger absolute segment result at Rs 3.53 crore. First-half operating cash flow also moved to an inflow of Rs 6.37 crore from an outflow of Rs 32.96 crore.

Next, Kovilpatti Lakshmi Roller Flour Mills expects to complete the proposed purchase of about 2 acres of vacant Puducherry land for cash consideration not exceeding Rs 2.25 crore on or before June 30, 2027. The company said the land is intended for commercial purposes, but disclosed no immediate activity plan or immediate impact on existing operations. Its Rs 29.38 crore capital work in progress at September 30, 2026 is another disclosed balance-sheet item to monitor.