The Board of Directors of Laxmi Cotspin Limited, in their meeting held on May 22, 2026, approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The company reported a revenue from operations of Rs. 1,727.53 Lakhs for the quarter ended March 31, 2026, compared to Rs. 2,456.97 Lakhs in the previous quarter (December 31, 2025) and Rs. 2,246.03 Lakhs in the corresponding quarter of the previous year (March 31, 2025). The standalone net profit (after tax) for the quarter ended March 31, 2026, was reported as a loss of Rs. 120.06 Lakhs, compared to a profit of Rs. 46.24 Lakhs reported for the same period in the previous year (March 31, 2025).

Laxmi Cotspin Limited is an integrated cotton processing company based in Maharashtra, India, established in 2006. The company specializes in the manufacturing of high-quality 100% cotton combed and carded yarn, catering to the home textiles, weaving, denim, and hosiery sectors. It operates with a focus on both domestic and export markets, including Asian and European countries. The company has been actively involved in projects such as organic cotton farming and the Better Cotton Initiative (BCI). Recent strategic efforts include modernizing manufacturing facilities and exploring entry into the medical textiles segment to enhance profitability and product diversification. The company’s promoter holding remains stable at approximately 58.63% as of the latest disclosures.