LECS Senior VP R&D C.N. Jayapragasan Retires

Lakshmi Electrical Control Systems announces retirement of Mr. C.N. Jayapragasan, Associate Vice President - R&D, effective March 31, 2026, under regulatory compliance requirements.

LECS Reports Q3 FY26 Loss Despite Revenue Growth

Lakshmi Electrical Control Systems posted a net loss of ₹105.33 lakhs in Q3 FY26 despite 18.27% revenue growth to ₹5,839.01 lakhs, impacted by higher expenses.

Lakshmi Electrical Control Systems Discloses Related Party Transactions for Half Year Ended September 2025

Lakshmi Electrical Control Systems Limited disclosed its related party transactions for the half year ended September 30, 2025. The disclosure includes various transactions with related entities including UMW Limited, UMW Teco Machinery (SUZHOU) Co. Limited, Lakshmi Electrical Drives Private Limited, Lakshmi Ring Travellers (Coimbatore) Private Limited, and several other associated companies. The transactions encompassed sales of goods, receiving of services, accounts payable, and remuneration to key managerial personnel. Notable transactions include sales of goods to Lakshmi Global FZE and various service transactions with multiple related entities. The company also disclosed sitting fees paid to directors and remuneration to key managerial personnel including A Thiagarajan, S Sathyanarayanan, and other board members.

Lakshmi Electrical Control Systems Reports Mixed Performance with Revenue Growth but Profit Decline

Lakshmi Electrical Control Systems Limited announced quarterly results ended September 30, 2025. Revenue from operations increased to ₹5,832.43 lakhs compared to ₹5,342.13 lakhs in the same quarter last year. However, profit for the period declined to ₹48.26 lakhs from ₹205.30 lakhs year-over-year. For the half-year period, revenue grew to ₹11,071.92 lakhs from ₹10,484.06 lakhs, while profit dropped significantly to ₹61.78 lakhs from ₹347.00 lakhs. Basic earnings per share fell to ₹1.96 from ₹2.59 for the half-year period. The company operates across three segments: electricals, plastics, and wind power generation, with electricals being the largest contributor. The Board of Directors approved these results at their meeting held on November 3, 2025.

Lakshmi Electrical Control Systems Announces Board Changes and Auditor Appointment at AGM

Lakshmi Electrical Control Systems Limited announced several board changes approved at its 44th Annual General Meeting held on August 25, 2025. Sri. Sudesh Koti Reddy was appointed as Non-executive Independent Director for a five-year term starting June 5, 2025. He holds a B.Tech degree from University of Bradford and has 37 years of experience in engineering and manufacturing, having served as Managing Director of Sucharita Precision Gears Private Limited until April 2025. Sri. Vedhanth Senthilkumar's appointment as Non-executive Non-Independent Director was regularized, effective June 5, 2025. He holds a B.Eng from University of Warwick and has experience with TVS Group, Tata Motors, and LMW Limited. Sri. Arjun Balu was re-appointed as Independent Director for a second five-year term beginning May 25, 2026. He is a business management graduate with over 25 years of experience and served as Joint Managing Director of Sri Balasubramania Mills Limited until 2016. The company also appointed M/s. MDS & Associates LLP as Secretarial Auditors for five consecutive financial years from 2025-26 to 2030-31. Sri. Sanjay Jayavarthanavelu retired from the board at the conclusion of the AGM after choosing not to seek re-appointment.