Lorenzini Apparels Q1 Net Profit at ₹2.17 Crore

Revenue from Operations (Net of Taxes): ₹1,669.17 lakh (₹16.69 crore)
Other Income: ₹205.06 lakh (₹2.05 crore)
Total Income: ₹1,874.23 lakh (₹18.74 crore)
Total Expenses: ₹1,574.41 lakh (₹15.74 crore)
Profit before tax: ₹299.82 lakh (₹2.99 crore)
Tax Expense: ₹83.05 lakh (₹0.83 crore) comprising Current Tax ₹44.79 lakh and Deferred Tax ₹38.26 lakh
Profit for the period: ₹216.77 lakh (₹2.17 crore)
Total Comprehensive Income: ₹216.44 lakh (₹2.16 crore)
Basic and Diluted EPS: ₹0.13 per share (not annualized)
Paid-up equity share capital: ₹1,727.37 lakh (₹17.27 crore) with face value of ₹1 per share

M/s Mittal & Associates (FRN: 106456W) resigned as Statutory Auditors effective August 11, 2026
Reason cited: Preoccupation in other assignments
Resignation submitted via letter dated August 11, 2026
Auditor was appointed on September 20, 2023, with term scheduled to expire at the 16th AGM for FY2027-28 in 2028
No concerns or disputes mentioned in resignation declaration
Latest audit report submitted was unmodified limited review report for Q1 FY27

M/s AD M S & Associates (FRN: 123456W) appointed as Statutory Auditor to fill casual vacancy
Appointment effective from August 11, 2026, subject to shareholder approval
Firm profile: Provides comprehensive accounting, auditing, taxation, and financial advisory services
Declaration of eligibility provided under Section 139(1) of Companies Act, 2013