Audited Financial Results for the quarter and year ended 31st March, 2026
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Madhusudan Industries Ltd reported total income of Rs. 132.92 Lakhs for FY26, a marginal increase from Rs. 127.07 Lakhs in FY25. The company continues to incur losses with net loss after tax of Rs. 41.69 Lakhs for the year (vs loss of Rs. 39.15 Lakhs in FY25). Revenue grew only about 4.6% year-on-year, far below 20% growth threshold. The Q4 standalone quarter showed a net loss of Rs. 118.26 Lakhs. Statutory auditors N. M. Nagri & Co. issued an unmodified audit opinion confirming clean financials. Operating cash flow remained positive at Rs. 63.11 Lakhs. The company earns income primarily from leasing properties at its registered office.
The company remains loss-making with negative EPS of Rs. 0.78 for FY26, though losses narrowed compared to the previous year. Positive operating cash flow is a relief, but persistent losses and modest revenue growth signal ongoing business challenges for shareholders.