BSEMilestone Global LtdHighNeutral
Announced Sat, 23 May · 13:17 IST

Submission of audited financial results for the year ended 31st March 2026

Negative Operating CashflowResults View source PDF

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AI summary

Milestone Global Limited reported audited standalone net profit of Rs 27.64 lakh for FY26, down slightly from Rs 28.28 lakh in FY25. Standalone revenue from operations declined marginally to Rs 12,041.6 lakh from Rs 12,203 lakh. Consolidated net profit grew significantly to Rs 75.29 lakh from Rs 19.51 lakh, boosted by subsidiary performance (UK and US subsidiaries). However, consolidated revenue shows inconsistency in reporting that investors should note. The auditor issued an unmodified (clean) opinion on both standalone and consolidated results. Two subsidiaries (UK and US) contributed Rs 1,196.91 lakh in revenue but their financials were unaudited. The board also approved re-appointment of Ms. Alka Agarwal as Whole-Time Director for 5 years from January 2027.

Likely market impact

Flat to slightly negative for standalone operations with minimal revenue and profit decline. Consolidated growth is driven by subsidiaries but comes with auditor qualifications on subsidiary data. The company has no debt and appears financially stable despite weak profitability. Investors should monitor the unaudited subsidiary performance.