Moschip Technologies Limited has informed the Exchange regarding Appointment of M/s Gokhale & Co., Chartered Accounts of the company w.e.f. May 20, 2026.
MOSCHIP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Moschip Technologies reported strong FY26 consolidated total income of Rs 5,906.28 crores, up 25.5% from Rs 4,706.98 crores in FY25. Consolidated net profit grew 5.5% to Rs 352.04 crores vs Rs 333.58 crores. However, standalone net profit declined 3.8% to Rs 236.29 crores from Rs 245.60 crores, impacted by Rs 58.19 crore exceptional charge due to new Labour Code provisions. The company appointed M/s Gokhale & Co., Chartered Accountants as Internal Auditors for FY26-27 effective May 20, 2026. Additionally, 85,604 equity shares were allotted to employees under stock option schemes. The merger of subsidiaries Softnautics Inc and Softnautics Private Limited was approved by NCLT with effect from April 4, 2025.
Positive signal: Revenue growth of 25%+ demonstrates strong business momentum. The appointment of new internal auditors is routine and does not indicate any concerns. ESOP allotment to employees aligns interests with shareholders. Decline in standalone profit warrants monitoring.