LKP Securities reported a decline in Q2 FY27 standalone net profit to Rs 1.24 crore from Rs 7.69 crore last year. Simultaneously, the company announced a leadership change with Mr. Pratik M. Doshi taking over as CFO in addition to his role as Chairman and Managing Director, replacing outgoing CFO Mr. Alpesh Dangodra.
LKP Securities Q2 Results and Leadership Transition
Standalone Net Profit: Rs 1.24 crore | Consolidated Net Profit: Rs 1.61 crore
Reader Takeaway: Leadership continuity follows CFO transition, but profitability pressure continues amid a decline in standalone earnings.
What just happened
LKP Securities Ltd reported its financial results for the quarter ending September 30, 2026, alongside a significant change in its senior management. Mr. Alpesh Dangodra has resigned as CFO effective October 31, 2026, with Chairman and Managing Director Mr. Pratik M. Doshi assuming the CFO role effective November 2, 2026.
Financial Performance
The company's standalone net profit dropped sharply to Rs 1.24 crore from Rs 7.69 crore in the same quarter last year. Revenue from operations also saw a contraction to Rs 24.78 crore compared to Rs 26.69 crore in Q2 FY26. On a consolidated basis, while revenue improved to Rs 29.04 crore, the net profit fell to Rs 1.61 crore, down from Rs 2.66 crore reported in the year-ago period.
Corporate Developments
The company confirmed that Bond Street Capital Private Limited became a subsidiary on May 7, 2026, after the company increased its stake to 54.35%. This change has impacted accounting treatments in the standalone financial statements, where the investment is now carried at cost.
What to track next
Investors should look for signs of operational stabilization as the company integrates its subsidiary operations and manages the transition of the CFO role to the existing leadership.