Dhanlaxmi Fabrics Limited has announced its unaudited standalone and consolidated financial results for the quarter ended September 30, 2026. The company reported a profit of ₹95.72 lakh. In a significant development, the company also disclosed the resignation of its statutory auditors, RHAD & Co., effective November 14, 2026, citing that the continuation of the audit engagement is no longer commercially viable.
Financial Performance for Q2 2026
Dhanlaxmi Fabrics Limited has publicly disclosed its unaudited standalone and consolidated financial results for the quarter and six months ended September 30, 2026. The company’s standalone financial results for the quarter ended September 30, 2026, show a Profit/(Loss) before Tax of ₹95.72 lakh, and a Profit for the Period of ₹95.72 lakh. Similarly, the consolidated results indicate a Profit/(Loss) before Tax of ₹46.97 lakh and a Profit for the Period of ₹46.97 lakh.
Unaudited Standalone Financial Highlights (as of September 30, 2026)
- Total Revenue: ₹414.94 lakh
- Total Expenses: ₹423.46 lakh
- Profit/(Loss) before Tax: ₹95.72 lakh
- Profit for the Period: ₹95.72 lakh
- Total Comprehensive Income: ₹95.72 lakh
Unaudited Consolidated Financial Highlights (as of September 30, 2026)
- Total Revenue: ₹420.36 lakh
- Total Expenses: ₹489.64 lakh
- Profit/(Loss) before Tax: ₹46.97 lakh
- Profit for the Period: ₹46.97 lakh
- Total Comprehensive Income: ₹46.97 lakh
Resignation of Statutory Auditors
In a notable announcement, Dhanlaxmi Fabrics Limited, along with its material subsidiary Dhanesh Fabrics Private Limited, has accepted the resignation of their statutory auditors, RHAD & Co. The resignation is effective from November 14, 2026. The detailed reasons for resignation provided by RHAD & Co. indicate that the continuation of the audit engagement is no longer commercially viable for their firm. The company has stated that there are no concerns raised by the resigning auditor with respect to the management, nor is there any material reason for the resignation.
Board Meeting Information
The company’s Board of Directors convened a meeting on November 14, 2026, during which the unaudited standalone and consolidated financial results for the quarter ended September 30, 2026, were considered and approved. The meeting commenced at 05:00 p.m. and concluded at 05:50 p.m.
Balance Sheet and Cash Flow
The unaudited standalone balance sheet as at September 30, 2026, shows Total Equity and Liabilities of ₹4,872.88 lakh, compared to ₹4,801.21 lakh as at March 31, 2026. The unaudited standalone cash flow statement for the six months ended September 30, 2026, indicates a net increase in cash and cash equivalents of (₹53.84) lakh.
Source: BSE
