Re-appointment of Internal Auditor.
MALLCOM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mallcom (India) Ltd's Board meeting on May 28, 2026 approved the audited standalone and consolidated financial results for FY2026 ended March 31. Standalone revenue grew 10.6% to ₹52,070.04 lakhs with net profit up 19.3% to ₹3,667.57 lakhs. However, consolidated net profit nearly halved to ₹2,890.62 lakhs from ₹5,797.90 lakhs in FY2025 due to subsidiary Mallcom Safety Private Limited reporting a loss of ₹139.92 lakhs. The Board recommended a final dividend of ₹3 per share (30%), reduced from ₹5 per share last year. The internal auditor M/s Jha Yadav & Co. was re-appointed for FY2026-27. Statutory auditors Agarwal Maheswari & Co. issued an unqualified opinion on the financials.
The standalone performance shows strong growth, but the significant decline in consolidated profits raises concerns about subsidiary performance. The reduced dividend payout and profit decline may create negative sentiment, though the company's core business remains profitable.