Outcome of the Board Meeting dated 21st May, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Madhusudan Industries Ltd reported audited financial results for FY2026 ended 31st March, 2026. Total income from operations was Rs. 132.92 lakhs, a significant decline from Rs. 259.85 lakhs in the prior year. The company posted a net loss of Rs. 41.69 lakhs after tax, improving from a net loss of Rs. 257.45 lakhs in FY2025. Total comprehensive loss stood at Rs. 44.95 lakhs. EPS for the year was negative at Rs. -0.78 per share (vs Rs. -4.79 in Q4 FY25). Statutory auditors N.M. Nagri & Co. issued an unmodified opinion. The company's sole business is lease income from properties at its registered office. No exceptional items were reported for the year.
The company continues to incur losses with declining revenue, raising concerns about its ability to sustain operations. The clean audit opinion is a positive, but persistent losses and negative operating cash flow are red flags for investors.