Laxmi India Finance Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting

Laxmi India Finance has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. The company reported a net profit of ₹9.65 Cr.

A significant update is the acquisition of a retail business as a going concern for ₹51.69 Cr, which generated a ₹0.75 Cr gain. This strategic move strengthens its position.

Post-quarter, the company completed its IPO, successfully listing shares on BSE and NSE on August 5, 2025. Additionally, asset cover for its outstanding non-convertible debentures remains strong at 1.10x.