Q1 FY27 Results: Loss Widens; Rs 30 Cr Solar Subsidiary Investment
MONTECARLO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 8.5 pts less than Nifty Microcap 250 and 7.0 pts less than its Garments & Apparels peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Monte Carlo Fashions reported Q1 FY27 standalone loss of Rs 23.48 cr versus loss of Rs 16.32 cr in Q1 FY26. Revenue from operations rose about 7.6 percent to Rs 149.04 cr, but total expenses climbed to Rs 191.28 cr. Board approved Rs 30 cr investment in wholly-owned subsidiary MCFL Energy Projects for solar power under PM KUSUM-C scheme. Re-appointed Chairman Jawahar Lal Oswal and four other directors for five-year terms subject to shareholder approval. 18th AGM set for September 28, 2026.
Loss widened year-over-year despite revenue growth, showing margin pressure. Rs 30 cr solar investment stays within wholly-owned subsidiary, limited impact.