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Last Mile Enterprises' board met on August 11 and approved its Q1 FY26 financial results. Consolidated revenue from operations surged to Rs 1240.31 Cr, with profit for the period at Rs 6.83 Cr. The company's mobile accessories business was the main revenue driver. The board also reviewed the utilization of funds from three preferential issues totaling approximately Rs 354.06 Cr. These funds were raised for expansion, working capital, and general corporate purposes, with no significant deviation in their use reported. A minor amount of funds from earlier issues remains unutilized.