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Landmarc Leisure Corporation Reports Net Loss of Rs. 65.41 Lakhs for FY26 as Revenue Contracts Sharply

Landmarc Leisure Corporation Reports Net Loss of Rs. 65.41 Lakhs for FY26 as Revenue Contracts Sharply

Landmarc Leisure Corporation Limited reported a net loss of Rs. 65.41 Lakhs for the year ended March 31, 2026, compared to a net profit of Rs. 25.47 Lakhs in FY25, as total income from operations fell sharply to Rs. 35.65 Lakhs from Rs. 124.32 Lakhs. The decline was driven primarily by a steep contraction in Motion Pictures Business revenue to Rs. 3.22 Lakhs from Rs. 113.04 Lakhs. Statutory auditors issued a modified opinion flagging non-provisions for an interest-free loan of Rs. 455.87 Lakhs, doubtful debts of Rs. 2,218.28 Lakhs, and a security deposit of Rs. 1,500 Lakhs to a company under liquidation. The company raised Rs. 19,98,00,000 through a preferential issue in October 2025, of which Rs. 17.87 Cr. had been utilised by the quarter ended March 31, 2026.

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