MELSTARNSEMelstar Information Technologies Limited· Computers - SoftwareHighNeutral
Announced Mon, 19 Oct, 2026 · 18:07 IST
Melstar swings to Rs 90.49 lakh profit in H1 FY27; name change to Melstarr Aerospace
Qualified OpinionGoing ConcernRevenue Growth 20pctPat Growth 25pctResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Melstar Info Tech posted Rs 150 lakh revenue and Rs 90.49 lakh standalone profit for H1 FY27, versus a loss of Rs 98.10 lakh a year ago. EPS rose to Rs 3.24 from negative Rs 3.51. Auditor CKSP gave a qualified opinion, noting the company's earlier admission under IBC insolvency in 2019. The Board also approved changing the company name to Melstarr Aerospace & Technologies Limited and altering its objects clause, subject to shareholder approval.
Likely market impact
First profit in years signals a turnaround, but qualified opinion and past NCLT insolvency remain concerns. Name change shows pivot to aerospace.