Outcome of the Board meeting held on May 28, 2026.
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MKP Mobility Ltd's Board approved audited financial results for FY26 ending March 31, 2026. Standalone revenue grew 13.9% to Rs 3,626.09 lakhs while profit after tax surged 90.8% to Rs 179.67 lakhs from Rs 94.16 lakhs in FY25. Consolidated PAT jumped over 5x to Rs 174.92 lakhs from Rs 28.22 lakhs. The statutory auditor issued an unmodified (clean) opinion confirming true and fair view of financials. The Board also appointed M/s. Aniket Solanki and Company as Internal Auditor for FY27 replacing the previous firm. Cash and cash equivalents declined to Rs 9.52 lakhs from Rs 17.14 lakhs.
The sharp PAT growth exceeding 90% demonstrates strong operational performance. Clean audit opinion removes any concerns about financial reporting quality. However, declining cash balances despite higher profits warrant monitoring of working capital management.