Please find enclosed herewith the Audited results and related documents.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mid East Portfolio Management Ltd reported strong annual performance for FY26 ending March 2026. Total income grew significantly to Rs. 158.07 lakhs from Rs. 51.28 lakhs in FY25, driven by Revenue from Operations of Rs. 125.00 lakhs. Profit after tax more than doubled to Rs. 85.90 lakhs from Rs. 41.74 lakhs, with EPS improving to Rs. 1.71 from Rs. 0.83. However, Q4 FY26 showed a quarterly loss of Rs. 50.04 lakhs, contrasting with the annual positive performance. Other expenses surged to Rs. 58.31 lakhs for the year vs Rs. 7.55 lakhs previously. The company operates in financing and financial services with no separate reportable segments. The statutory auditor was changed from M N C A & Associates to Motilal & Associates LLP during the year. An unmodified audit opinion was issued confirming true and fair view of financial statements.
Despite strong annual profit growth of over 100%, the quarterly loss in Q4 raises concerns about expense management. The significant jump in other expenses warrants monitoring. The auditor change and unmodified opinion provide some assurance on financial reporting integrity.