Newspaper Publication with respect to Audited Standalone and Consolidated Financial Statements for the quarter and FY ended March 31, 2026.
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Midwest Energy Limited (formerly Midwest Gold Limited) has published its audited financial results for Q4 FY26 and full year FY26 in Financial Express on May 31, 2026, as required under SEBI listing rules. The Board had approved these results on May 29, 2026. Total income for Q4 FY26 stood at Rs. 108.59 lakhs, nearly double the Rs. 57.82 lakhs reported in Q4 FY25. However, the company swung to a net loss of Rs. 1.23 lakhs (standalone) and Rs. 1.47 lakhs (consolidated) for the quarter, compared to a profit of Rs. 1.37 lakhs and Rs. 1.36 lakhs respectively a year ago. For the full FY26, standalone net loss was Rs. 1.34 lakhs versus a profit of Rs. 1.36 lakhs in FY25. EPS for Q4 FY26 was negative at Rs. 0.02 per share. Equity share capital remained at Rs. 713.10 lakhs with reserves of Rs. 349.17 lakhs.
Despite revenue nearly doubling YoY in Q4 FY26, the company slipped into a loss, indicating pressure on margins or one-time costs. This filing is a regulatory newspaper publication of already approved results and does not by itself trigger a price reaction, but the weak profitability is a concern for shareholders.