Lykis Ltd — Others, 25-08-2025: Others

Lykis Limited has released its annual financial results. Consolidated revenue for the year stood at ₹301.41 Cr, with a net profit of ₹2.61 Cr. Standalone revenue was ₹267.76 Cr, yielding a net profit of ₹1.48 Cr. No dividend was declared. The company intends to disinvest from two associate companies, Lykis Biscuits Private Limited and Lykis Packaging Private Limited, leading to a ₹1.32 Cr impairment provision. Operational challenges from Mozambique riots and Congo border rebels impacted turnover, yet the company focuses on global expansion. Its upcoming Annual General Meeting seeks shareholder approval for re-appointing Chairman & Managing Director Nadir Dhrolia for five years, alongside new Independent Director appointments for Amit Mallawat and Mitesh Agrawal, and Deep Shah as a Non-Executive Director.