LLLyka Labs500259Quarterly results

Board approves Q2 and H1 results; Independent Director re-appointment to go to postal ballot

Board approved re-appointment of Mr. Neeraj Golas as Independent Director for 3 consecutive years from 16th January 2027, subject to shareholder approval via postal ballot.

By ScoutQuest · Fri 30 Oct 2026, 6:22 PM IST · 2 min read

Standalone Revenue (Q2)

₹ 4419.95 lakh

Standalone Net Profit (Q2)

₹ 131.50 lakh

Standalone Revenue (H1) / Net Profit (H1)

₹ 8650.89 lakh / ₹ 341.53 lakh

What the Board approved

The Board of Directors met on 30th October 2026 and approved the unaudited financial results of the company for the quarter and half year ended 30th September 2026, both standalone and consolidated, along with the limited review reports of the statutory auditors. The Board also approved the draft notice of a postal ballot.

Standalone results for the quarter

• Revenue from operations: 4419.95 (₹ in lakh)
• Net profit after tax: 131.50 (₹ in lakh)
• Basic and diluted earnings per share: 0.36

Profit after tax for the quarter was higher than profit before tax because a deferred tax credit was recognised in the period.

Standalone results for the half year

• Revenue from operations: 8650.89 (₹ in lakh)
• Net profit after tax: 341.53 (₹ in lakh)

Consolidated view

• Revenue from operations for the quarter: 4,419.95 (₹ in lakh)
• Net profit after tax for the quarter: 127.11 (₹ in lakh)

The consolidated statement also shows the share of profit after tax attributable to owners of the parent separately from the non-controlling interest.

One business segment

The notes state that the company operates in one business segment, Pharmaceuticals.

Merger already given effect in the numbers

The notes explain that the National Company Law Tribunal, Ahmedabad Bench, sanctioned a scheme of amalgamation for the merger of Lyka Export Limited (the transferor company) with Lyka Labs Limited (the transferee company) under Sections 230 to 232 of the Companies Act, 2013, by order dated 16th March 2026. The accounting treatment has been given effect from the date required under Ind AS 103 - Business Combinations, and the figures for the earlier periods have been restated. The statements therefore present the combined business.

Independent Director re-appointment

The Board approved the re-appointment of Mr. Neeraj Golas as an Independent Director of the company for a period of 3 consecutive years commencing from 16th January 2027, subject to approval of the shareholders through postal ballot. A draft notice of the postal ballot was approved to seek the members' consent for this matter.

Auditor's review

The statutory auditors, D. Kothary & Co., Chartered Accountants, issued an unqualified conclusion on both the standalone and consolidated unaudited results for the quarter and half year ended 30th September 2026.

What this means for a retail investor

This is a results announcement that also carries a board decision on board composition. The figures are unaudited and have been reviewed, not audited, by the auditors. Because the merger has been given effect with restatement of earlier periods, the reported numbers reflect the merged entity.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

About ScoutQuest · Logos provided by Logo.dev