Announced Wed, 17 Jun · 11:06 IST
Minal Industries posts FY26 loss, auditor flags going concern
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.7%1-day move
₹2.59
prior close
₹2.57
base price
In-mkt
timing
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+0.0+0.0+0.4+0.0-2.7-1.5-5.4-10.8-3.5-7.3-10.0-17.0——
Up moveDown movePending
AI summary
Minal Industries resubmitted audited FY26 results. Revenue jumped sharply to Rs. 726.12 lakhs from Rs. 77.85 lakhs, but net loss stood at Rs. 69.43 lakhs versus Rs. 111.51 lakhs loss in FY25. Accumulated losses touched Rs. 2,216.82 lakhs. Auditor flagged going concern uncertainty and issued disclaimer on internal financial controls. Subsidiary Minal International FZE was wound up, with Rs. 408.99 lakhs written off. Overdue loans of about Rs. 1,464.95 lakhs remain uncollected.
Likely market impact
Going concern risk, weak internal controls, and heavy accumulated losses overshadow the revenue jump, keeping stock sentiment weak.