Appointment of M/s Gokhale & Co., Chartered Accountants as Internal Auditors of the Company for FY 2026-27.
MOSCHIP · price
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Moschip Technologies reported audited financial results for FY 2025-26 (year ended March 31, 2026). Consolidated total income grew 25.5% to Rs 59,062.84 lakhs from Rs 47,069.82 lakhs, while consolidated net profit after tax increased 5.5% to Rs 3,520.43 lakhs from Rs 3,335.75 lakhs. Annualized consolidated EPS stands at Rs 1.83 (basic) and Rs 1.75 (diluted). The company also appointed Gokhale & Co. as internal auditors for FY 2026-27 and allotted 85,604 equity shares to employees under stock option schemes. An exceptional item of Rs 581.86 lakhs was recorded due to new Labour Code provisions. The merger of wholly-owned subsidiaries Softnautics Inc and Softnautics Private Limited became effective April 4, 2025. Statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated results.
Strong revenue growth of 25.5% YoY with moderate profit growth, though standalone net profit declined 3.8% to Rs 2,362.92 lakhs. The ESOP allotment and internal auditor appointment are routine corporate actions. Clean audit opinion provides assurance to shareholders.