Revised Outcome of the Board Meeting held on 19th May, 2026
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MPF Systems Ltd held its Board meeting on May 19, 2026, where the audited financial results for Q4 and FY ended March 31, 2026 were approved. The company reported total income of Rs. 435.51 lakhs with a net profit of Rs. 382.90 lakhs, compared to a net loss of Rs. 169.69 lakhs in the previous year. The statutory auditor issued an unmodified opinion but included an Emphasis of Matter highlighting non-compliance with MSME creditor classification requirements and unconfirmed supplier advances. Additionally, the company underwent a secretarial auditor change, with M/s Pooja M Patel & Associates appointed following the resignation of Krina Gokulkumar Shah.
The FY2026 results show a strong turnaround from losses to profits, though investors should note the auditor's emphasis on MSME compliance gaps and unconfirmed supplier advances which raise concerns about financial transparency and reliability of reported liabilities.