Annual Report FY26 filed; company swings to loss, revenue turns negative
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Milgrey Finance filed its FY 2025-26 Annual Report with the 43rd AGM scheduled for September 30, 2026. Revenue from operations swung from Rs 94,281 lakhs in FY25 to a negative Rs 84.33 lakhs in FY26. The company posted a loss after tax of Rs 127.54 lakhs against a profit of Rs 63,418 lakhs in the previous year. Expenses fell to Rs 43.21 lakhs from Rs 27,113 lakhs. No dividend recommended due to losses. Directors state accounts are prepared on a going concern basis, with no material adverse orders reported.
Sharp revenue reversal and swing to loss signal serious business deterioration; shareholders face a loss year and no dividend.