Financial results for quarter and year ended 31st March 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Manglam Global Corporations Ltd (formerly Kshitij Investments Ltd) reported FY2026 total income of Rs. 1,936.08 lakh, up 393% from Rs. 392.21 lakh in FY2025. Net profit after tax grew to Rs. 33.56 lakh from Rs. 4.31 lakh — a 679% increase. The auditor issued an unqualified opinion but included three Emphasis of Matter paragraphs: (1) pending BSE portal updation for name change, (2) cash payments to farmers via APMC lacking formal documentation, and (3) a Rs. 4.70 crore loan to a related party drawn from the cash credit facility with no formal interest rate or repayment schedule and Rs. 4.70 crore overdue over 90 days. The company also failed to maintain an audit trail in its accounting software as required under Rule 3(1) of the Companies (Accounts) Rules, 2014.
The company showed exceptional top-line and bottom-line growth, but multiple governance red flags — particularly an undocumented related party loan of Rs. 4.70 crore with overdue status and cash credit misuse — could attract regulatory scrutiny and weigh on investor sentiment.