LFIC2024-10-012024-12-31 LFIC2024-10-012024-12-31 LFIC2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member LFIC2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member LFIC2024-12-31 LFIC2024-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 000000 LFIC NOTLISTED Lakshmi Finance & Industrial Corporation Limited Equity 2024-04-01 2025-03-31 2025-02-10 2025-01-31 INR Lakhs Third quarter 2025-02-10 16:45:00 2025-02-10 17:40:00 false Not applicable Single segment FINANCIAL 2024-10-01 2024-12-31 Unaudited Standalone 1794000.00 2399000.00 1265000.00 0.00 0.00 14763000.00 0.00 0.00 0.00 20221000.00 13000.00 20234000.00 0.00 0.00 0.00 4341000.00 94000.00 518000.00 0.00 47218000.00 0.00 0.00 687000.00 52858000.00 -32624000.00 0.00 -32624000.00 5000000.00 -17440000.00 -12440000.00 -20184000.00 0.00 0.00 0.00 0.00 -20184000.00 0.00 -20184000.00 0.00 -20184000.00 30000000.00 10 -6.73 -6.73 0.00 0.00 -6.73 -6.73 0.00 0.00 0.00 The above results are reviewed by the Audit Committee and approved by the Board at its meeting held on 7th February 2025. The Company is engaged mainly in the business of financial activities, i.e., Portfolio Investments. Since all the activities are related to the main activity, there are no reportable segments as per Ind AS-108. The Company has initiated legal proceedings before the District Court, Adoni (AP) to regain the possession of lands costing Rs. 11,58,871/- from trespassers. In the absence of convincing evidence that the Company will pay normal Income Tax in the near future, the Minimum Alternative Tax (MAT) credit amounting to Rs. 204.83 lakhs is not recognised as at March 31, 2024, in the books of account. The situation will be reviewed as at the year end. Provision as per RBI guidelines, Super Annuation, Gratuity and Leave Encashment, will be considered at the end of the year. The Company does not have any subsidiary/associate/joint venture company(ies) as on December 31, 2024. The Statutory Auditors of the Company have carried out Limited Review of the aforesaid results. Single segment 2024-04-01 2024-12-31 Unaudited Standalone 5223000.00 7287000.00 4017000.00 0.00 28671000.00 43479000.00 0.00 0.00 0.00 88677000.00 242000.00 88919000.00 0.00 0.00 0.00 12313000.00 304000.00 1546000.00 0.00 0.00 0.00 0.00 2450000.00 16613000.00 72306000.00 0.00 72306000.00 13100000.00 -2969000.00 10131000.00 62175000.00 0.00 0.00 0.00 0.00 62175000.00 0.00 62175000.00 0.00 62175000.00 30000000.00 10 20.72 20.72 0.00 0.00 20.72 20.72 0.00 0.00 0.00 OTHER EXPENSES 687000.00 OTHER EXPENSES 2450000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00