Lahoti Overseas September-quarter profit falls 66% to Rs 2.30 crore

Lahoti Overseas Limited reported standalone net profit of Rs 2.30 crore for the quarter ended September 30, 2026, down 66% from Rs 6.68 crore a year earlier, although revenue from operations was nearly unchanged at Rs 106.53 crore versus Rs 107.13 crore and profit before tax fell to Rs 3.09 crore.

Why did Lahoti Overseas' September-quarter profit fall?

Lahoti Overseas' profit fell because the reduction in pre-tax earnings was much larger than the change in operating revenue. Profit before tax declined by Rs 4.67 crore year on year, to Rs 3.09 crore in the September 2026 quarter from Rs 7.76 crore in the corresponding quarter of 2025, while net profit decreased by Rs 4.37 crore.

Total expenses were Rs 107.15 crore, down Rs 0.31 crore from Rs 107.45 crore a year earlier. Revenue from operations declined by Rs 0.60 crore over the same comparison, but the statement also showed other income of Rs 8.36 crore against Rs 7.51 crore, leaving total income at Rs 110.24 crore versus Rs 115.21 crore.

Tax expense declined with pre-tax profit, but did not prevent the lower reported earnings. Current tax was Rs 0.83 crore, compared with Rs 1.03 crore in the prior-year quarter, while deferred tax was a Rs 0.05 crore credit instead of a Rs 0.05 crore charge. Basic and diluted earnings per equity share, with a face value of Rs 2, were Rs 0.79, down from Rs 2.29.

How did Lahoti Overseas' revenue change in the quarter?

Lahoti Overseas' revenue from operations was Rs 106.53 crore in the quarter ended September 30, 2026, compared with Rs 107.13 crore in the corresponding 2025 quarter. Net sales or income from operations declined to Rs 102.05 crore from Rs 104.04 crore, while other operational income increased to Rs 4.48 crore from Rs 3.10 crore.

The gain in other operational income partly offset the fall in net sales, resulting in a Rs 0.60 crore year-on-year decline in revenue from operations. The filing reports standalone financial results, which cover Lahoti Overseas rather than a consolidated group, and records no exceptional items in either September-quarter comparison.

Lahoti Overseas' revenue rose sequentially from Rs 88.10 crore in the preceding quarter ended June 30, 2026, to Rs 106.53 crore in the September quarter. Net profit moved in the opposite direction, declining from Rs 3.08 crore in the June quarter to Rs 2.30 crore in the September quarter.

What do Lahoti Overseas' first-half results show?

Lahoti Overseas reported net profit of Rs 5.39 crore for the six months ended September 30, 2026, compared with Rs 8.28 crore in the corresponding six months of 2025. Revenue from operations increased by Rs 7.75 crore to Rs 199.39 crore, showing that the first-half profit decline occurred despite higher reported operating revenue.

Profit before tax for the first half was Rs 6.36 crore, down from Rs 9.59 crore a year earlier, while total expenses rose to Rs 195.98 crore from Rs 193.01 crore. The six-month period includes the quarters ended June 30 and September 30, 2026, and the filing labels these standalone results as unaudited.

Lahoti Overseas recorded first-half earnings per share of Rs 1.85, compared with Rs 2.84 in the prior-year period. Current tax was Rs 1.37 crore against Rs 1.41 crore, and deferred tax was a Rs 0.40 crore credit compared with a Rs 0.11 crore credit in the previous first half.

What are Lahoti Overseas' reportable segments?

Lahoti Overseas identifies the Export/Trading Division and Power Division as reportable segments under Indian Accounting Standard 108, or Ind AS 108. Export/Trading revenue was Rs 105.27 crore in the September 2026 quarter, compared with Rs 104.58 crore in the corresponding prior-year quarter.

Power Division revenue was Rs 0.62 crore, compared with Rs 0.61 crore a year earlier, while other revenue was Rs 0.64 crore against a negative Rs 0.04 crore. These three reported amounts reconcile to total revenue from operations of Rs 106.53 crore for the September 2026 quarter.

Export/Trading Division assets were Rs 181.81 crore as at September 30, 2026, compared with Rs 159.21 crore a year earlier. Power Division assets were Rs 1.71 crore versus Rs 1.08 crore, while other and unallocated assets were Rs 87.20 crore, bringing total assets to Rs 270.72 crore.

What was Lahoti Overseas' financial position at September 2026?

Lahoti Overseas reported total assets of Rs 270.72 crore as at September 30, 2026, compared with Rs 246.19 crore as at September 30, 2025. Non-current assets rose to Rs 115.63 crore from Rs 90.28 crore, while current assets were Rs 155.10 crore, compared with Rs 155.91 crore a year earlier.

Equity was Rs 220.61 crore, up from Rs 207.66 crore, comprising unchanged share capital of Rs 5.85 crore and other equity of Rs 214.76 crore. Total liabilities were Rs 50.11 crore, compared with Rs 38.52 crore at September 30, 2025, including current liabilities of Rs 46.05 crore and non-current liabilities of Rs 4.06 crore.

Short-term borrowings were Rs 38.53 crore as at September 30, 2026, against Rs 25.04 crore a year earlier. Inventories were Rs 17.00 crore versus Rs 5.78 crore, while trade receivables were Rs 96.83 crore compared with Rs 100.23 crore, according to the standalone balance sheet.

Conclusion

Lahoti Overseas' September-quarter results show earnings declining far more sharply than revenue: net profit fell 66% to Rs 2.30 crore while revenue from operations slipped only Rs 0.60 crore to Rs 106.53 crore. The same contrast appeared in the first half, when revenue increased to Rs 199.39 crore but net profit fell to Rs 5.39 crore and profit before tax declined to Rs 6.36 crore.

The next results will show whether the difference between revenue growth and lower pre-tax profit persists, particularly after total expenses reached Rs 195.98 crore in the first half. The filing also leaves short-term borrowings, which rose to Rs 38.53 crore at September 30, 2026, and inventories of Rs 17.00 crore as balance-sheet items to track in the next reported period.