Audited Financial Results for Q4 and Year Ended 31.03.2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mahalaxmi Seamless Ltd reported a net loss of Rs. 7.35 lakhs for FY26, a sharp decline from a profit of Rs. 25.48 lakhs in FY25. Total income marginally increased to Rs. 191.09 lakhs from Rs. 189.41 lakhs year-on-year. Q4 alone saw a significant loss of Rs. 33.04 lakhs. The company has negative equity of Rs. 54.22 lakhs as of March 2026, down from negative Rs. 46.88 lakhs in the prior year. Despite auditor confirming an unmodified (clean) opinion, the company carries negative reserves and is loss-making, raising going concern issues.
Shareholders should be cautious — the company swung from profit to loss and continues to operate with negative net worth, indicating severe financial stress. The clean audit opinion provides some comfort but the balance sheet deterioration is concerning.