Outcome of the Board Meeting held today i.e. November 14, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of M P K Steels approved unaudited standalone financial results for H1 FY26 (period ended September 30, 2025) along with the Limited Review Report from statutory auditors N L A & Associates. The company also appointed M/s M R M & Company, Chartered Accountants, as Internal Auditor for FY 2025-26. Revenue from operations fell to ₹9,253.10 lakhs from ₹10,777.92 lakhs in the same period last year, a decline of about 14%. Profit After Tax dropped sharply to ₹166.21 lakhs from ₹291.04 lakhs, down roughly 43%. The auditor issued an unqualified review report with no matters requiring attention. The company recently listed on BSE's SME platform on October 6, 2025 after its IPO.
Weaker top line and a sharp ~43% fall in profits in the first half after listing is a negative signal for shareholders; cost discipline and revenue recovery in H2 will be key for sentiment. Appointment of a new internal auditor is routine governance housekeeping and not material.