This is to intimate that the Board of Directors of the Company at its meeting held on Monday, May 25, 2026 at the registered office of the Company have inter alia approved the Audited Financial ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Chennai Meenakshi Multispeciality Hospital reported total income of ₹3,815.66 lakhs for FY2026, up 7% from ₹3,567.21 lakhs in the previous year. However, the company reported a net loss of ₹111.72 lakhs (vs loss of ₹137.37 lakhs in FY2025), showing improvement in losses. Basic EPS came in at ₹-1.50 per share. The balance sheet shows severe stress with negative equity of ₹-307.54 lakhs and negative reserves of ₹-1,054.43 lakhs. Cash and cash equivalents declined sharply to ₹64.48 lakhs from ₹264.69 lakhs. Statutory auditors Elias George & Co. issued an unmodified (clean) opinion on the financial results.
The company remains in financial distress with negative net worth and persistent losses. Despite the auditors giving a clean opinion, the negative equity position raises significant going concern doubts. Investors should be cautious as the hospital's liabilities exceed assets by ₹307.54 lakhs.