Intimation of Appointment of Internal Auditor of the Company for the Financial year 2026-27
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
MP Agro Industries Ltd reported audited financial results for Q4 and FY ended March 2026. The company posted Profit After Tax (PAT) of Rs. 6.90 lakhs, up from Rs. 2.80 lakhs in FY25, representing significant PAT growth of approximately 146%. Total income was Rs. 39.69 lakhs vs Rs. 40.82 lakhs in the prior year. However, the company disclosed that it has NOT commenced any commercial activities during the year, with income primarily coming from interest (Rs. 39.57 lakhs). Operating cash flow remained negative at Rs. -27.22 lakhs. The Board approved re-appointment of M/s. Jain Monika & Associates as Internal Auditors and appointed M/s. JS & Associates as Secretarial Auditors for FY27. Statutory auditors VCA & Associates issued an Unmodified Opinion (clean audit).
While PAT nearly trebled year-on-year, the company has no commercial operations and relies entirely on interest income. The negative operating cash flow and dormant business operations indicate limited near-term upside for shareholders. The clean audit opinion provides assurance on financial reporting integrity.