Announced Thu, 28 May · 18:39 IST

Financial Result for year ended on 31.03.2026

Qualified OpinionRevenue Growth 20pctPat Growth 25pctNegative Operating CashflowResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

MSL Global Limited reported standalone net profit of Rs. 496.86 Lakhs for FY2026, turning around from a loss of Rs. 52.32 Lakhs in the previous year. Total standalone income surged to Rs. 617.34 Lakhs from just Rs. 6.75 Lakhs, driven largely by capital gains of Rs. 608 Lakhs from investment sales. On a consolidated basis, the company posted net profit of Rs. 281.17 Lakhs versus a loss of Rs. 82.53 Lakhs previously. However, the auditor issued a qualified opinion due to the company's failure to make any provision for Rs. 12 Crores in advances outstanding for over 3 years from Primus Retail (P) Ltd, which is under liquidation. The company also reported negative operating cash flows of Rs. 383 Lakhs (standalone) and Rs. 639 Lakhs (consolidated).

Likely market impact

The qualified opinion regarding Rs. 12 Crores in unsecured advances raises concerns about potential asset quality issues and future write-offs. While profitability improved significantly, the heavy reliance on capital gains rather than core operations, combined with negative operating cash flows, suggests underlying business challenges despite the positive bottom-line numbers.