BSEMagenta Lifecare LtdMediumNeutral
Announced Thu, 28 May · 20:37 IST

Outcome of Board Meeting held today i.e. Thursday, 28th May, 2026 and Intimation Under Regulation 30 of the SEBI (LODR) Regulations, 2015

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-4.9%1-day move
₹9.90
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AI summary

Magenta Lifecare Ltd's board meeting on 28th May 2026 approved the audited financial results for the half year and full year ended 31st March 2026. Total income rose to Rs. 1,522.55 lakhs from Rs. 1,077.09 lakhs in the prior year, a growth of ~41%. Profit before tax improved to Rs. 19.13 lakhs from Rs. 6.71 lakhs (up ~185%), and net profit stood at Rs. 11.35 lakhs vs Rs. 8.28 lakhs (~37% increase). The statutory auditor VCA & Associates issued an Unmodified Opinion. The board also appointed M/s. Gaurav Bachani & Associates as Secretarial Auditor for FY 2025-26 and M/s. MJM Patel & Co. as Internal Auditor for FY 2026-27.

Likely market impact

Strong financial performance with near-doubling of pre-tax profit is a positive signal. Appointment of new auditors for the new fiscal year indicates routine governance activity. Unmodified audit opinion supports reliability of financials.