Lokesh Machines Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

Lokesh Machines has announced a board meeting to approve its Q1 FY26 financial results. Revenue from operations for the quarter stood at ₹48.05 Cr, down from ₹62.53 Cr in the prior year's same quarter. Net profit decreased to ₹0.46 Cr from ₹1.03 Cr. The company's paid-up equity share capital increased due to the conversion of 4,03,040 warrants into equity shares by promoter groups, with 2,43,398 warrants still pending conversion. The company also noted its continued efforts to be removed from the US Treasury's sanctions list, which has restricted its foreign currency transactions since October 2024.