Declaration of Financial Result for the quarter and year ended 31st March 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Modern Malleables Ltd reported Total Revenue of ₹5,359.58 Lakhs for FY26, up 27.9% from ₹4,190.27 Lakhs in FY25. However, the company swung to a net loss of ₹1,145.21 Lakhs compared to a net profit of ₹1,934.42 Lakhs in the prior year — a dramatic reversal. The loss is partly attributed to a 'Loss on Sale of Mutual Fund' of ₹500 Lakhs and higher material costs (₹3,145.87 Lakhs), finance costs (₹127.72 Lakhs), and employee benefits (₹1,104.47 Lakhs). The company is in the power sector and engaged in iron contracting and manufacturing. The auditors (B.R. Khaitan & Co.) issued an unmodified opinion with no going concern issues. Total assets grew to ₹22,443.59 Lakhs from ₹20,088.06 Lakhs, driven by an increase in CWIP to ₹13,955.46 Lakhs.
The sharp swing from profit to loss despite revenue growth signals cost management issues or significant one-time losses — likely negative for the stock unless the mutual fund loss is non-recurring. Revenue growth alone may not be enough to reassure investors given the bottom-line collapse.