In pursuance of Regulation 30 read with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable provisions, we hereby inform ....
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Mizzen Ventures' board, meeting on 11 August 2025, approved the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended 30 June 2025), along with the limited review report from statutory auditors Pundarikashyam and Associates. On a standalone basis, revenue from operations rose 50% year-on-year to Rs. 27.00 lakhs (vs Rs. 18.00 lakhs in Q1 FY25), but profit after tax fell to Rs. 31.12 lakhs from Rs. 77.20 lakhs due to lower other income. On a consolidated basis, revenue dipped to Rs. 46.26 lakhs from Rs. 50.39 lakhs YoY, while profit after tax of Rs. 33.35 lakhs was reported versus a loss of Rs. 12.17 lakhs in Q1 FY25. The auditor's review report was clean (unmodified), with no qualifications or emphasis of matter.
Positive YoY revenue growth on a standalone basis signals improving core operations, though declining profitability and softer consolidated revenue suggest margins remain under pressure. Overall absolute numbers are very small, indicating a micro-cap company where these results are unlikely to materially move the stock on their own.