Monte Carlo Fashions Limited has informed the Exchange regarding Appointment of Ms Deloitte Haskins & Sells as Tax Auditors as Tax Auditors of the company w.e.f. April 01, 2025.
MONTECARLO · price
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Monte Carlo Fashions Limited held its Board Meeting on May 18, 2026, approving standalone and consolidated audited financial results for FY 2025-26. Standalone revenue from operations grew to Rs 1,27,501 lakhs from Rs 1,10,041 lakhs in the previous year, while standalone profit after tax increased to Rs 11,173 lakhs from Rs 7,980 lakhs. The Board recommended a final dividend of Rs 20 per equity share (200%) for shareholder approval at the AGM. The company appointed Deloitte Haskins & Sells as Tax Auditors for FY 2025-26 and S. Tandon & Associates as Internal Auditors for FY 2026-27. Additionally, the Board approved investment of up to Rs 50 lakhs in the company's new wholly owned subsidiary, MCFL Energy Projects Private Limited, incorporated in January 2026 for solar power generation under the PM KUSUM-C Scheme. Statutory auditors issued an unmodified opinion on the financial results.
Strong financial performance with 40% growth in PAT and 200% dividend payout signals positive shareholder returns. The new solar energy subsidiary represents a diversification into renewable energy, which could open new revenue streams.