Lotus Chocolate Company Reports Significant Q4 Loss Amid Declining Revenue
Lotus Chocolate reports dismal Q4 PAT
Business Standard
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Lotus Chocolate Company reported a standalone net loss of ₹4.47 crore in Q4 FY26, down from a profit of ₹1.42 crore in the same quarter last year. Revenue from operations fell 19.47% year-on-year to ₹126.78 crore, signaling challenges in the company's financial performance.
- 01Lotus Chocolate's Q4 FY26 net loss is ₹4.47 crore.
- 02Revenue from operations declined 19.47% year-on-year.
- 03Pre-tax loss for the quarter was ₹5.70 crore.
- 04Employee benefit expenses surged by 90.78%.
- 05Standalone net profit for FY26 dropped 99.41% year-on-year.
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Lotus Chocolate Company experienced a challenging fourth quarter in FY26, reporting a standalone net loss of ₹4.47 crore compared to a profit of ₹1.42 crore in Q4 FY25. Revenue from operations decreased by 19.47% year-on-year, totaling ₹126.78 crore. The company also faced a pre-tax loss of ₹5.70 crore, contrasting with a profit before tax of ₹1.93 crore in the previous year. Total expenses fell 7.63% to ₹143.72 crore, but key cost components showed mixed results: the cost of materials consumed dropped 32.93% to ₹88.02 crore, while employee benefit expenses surged by 90.78% to ₹10.76 crore. Additionally, finance costs rose 19.33% year-on-year to ₹3.58 crore. For the full fiscal year, the standalone net profit plummeted 99.41% to ₹0.10 crore, despite a slight revenue increase of 1.01% to ₹579.55 crore compared to FY25. Lotus Chocolate Company, owned by Reliance Consumer Products (RCPL), specializes in manufacturing chocolates and cocoa products supplied globally.
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The significant losses and declining revenue may lead to potential job cuts or reduced hiring within the company, affecting employees and their families.
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