Company to hold 66th Annual General Meeting on Monday September 22, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
MPIL Corporation's board approved unaudited Q1 FY26 results (quarter ended June 30, 2025). Total income rose modestly to ₹38 lacs from ₹36 lacs a year ago, while expenses fell to ₹26 lacs from ₹32 lacs, lifting profit after tax to ₹12 lacs from ₹6 lacs — effectively a doubling of quarterly profit. However, the full-year FY25 result remains deeply negative at a loss of ₹229 lacs, providing important context. The board fixed September 22, 2025 for the 66th AGM. It also approved an investment of up to ₹10 crore in equity and debt of Grishma Constructions & Trading Pvt Ltd for business expansion. Mr. Kailasam Krishnamoorthy will exit as Independent Director after completing his second term (effective October 9, 2025), and Mr. Devanshu Desai has been appointed as Additional Independent Director in his place, with committee compositions revised accordingly. The auditor (M.D. Pandya & Associates) issued an unmodified limited review report on the results.
The Q1 profit recovery is positive but from a very small base (₹2 lacs in core operating revenue), so it should not be over-interpreted — the FY25 full-year loss of ₹229 lacs remains a concern. The ₹10 crore investment signals a growth/expansion push, and routine board changes appear orderly with no governance red flags.