Please see attached newspaper publication
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Modern Engineering and Projects Limited has published its audited standalone financial results for Q4 and the financial year ended March 31, 2026. Total income for FY2026 stood at Rs 12,969.42 lakhs, up from Rs 11,941.30 lakhs in FY2025 — a growth of approximately 8.6%. The company swung to profit, reporting a profit before tax of Rs 297.91 lakhs versus a loss of Rs 197.30 lakhs in the prior year. Profit after tax came in at Rs 532.49 lakhs (vs Rs 26.10 lakhs), and total comprehensive income reached Rs 590.85 lakhs. Earnings per share improved significantly to Rs 0.79 from Rs 0.04. Net worth (reserves excluding revaluation) rose to Rs 15,628.46 lakhs from Rs 12,031.91 lakhs. Results were approved by the Board on May 26, 2026, and published on May 28, 2026 in Financial Express and Mumbai Lakshdeep. The auditor has issued an unmodified opinion.
The stock is likely to see positive investor reaction — the company returned to profitability after a loss-making FY2025, with strong growth in revenue, PAT, and EPS. The near-doubling of net worth is also a healthy sign. However, the paid-up debt increased substantially (Rs 23,433.34 lakhs vs Rs 17,058.29 lakhs), which bears watching.