BSEMrugesh Trading LtdLowNeutral
Announced Sat, 14 Feb · 18:43 IST

Pursuant to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors in their meeting held today i.e., ....

Board & Shareholder Meetings View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mrugesh Trading Limited's Board of Directors, in their meeting held on 14th February 2026, approved the unaudited standalone financial results for the quarter and nine months ended 31st December 2025, along with the Limited Review Report from auditors DDS & Associates. For Q3 FY26, revenue from operations jumped to Rs. 384.45 lakhs from Rs. 98.25 lakhs in the previous quarter, yielding a profit of Rs. 26.13 lakhs versus a Rs. 2.91 lakh loss in Q2 FY26. However, on a 9-month basis, revenue declined sharply to Rs. 482.70 lakhs from Rs. 1,246.44 lakhs in the same period last year, and profit fell to Rs. 18.27 lakhs from Rs. 65.15 lakhs. The paid-up equity share capital increased dramatically from Rs. 24.50 lakhs to Rs. 7,224.50 lakhs, reflecting the conversion of warrants from the November 2025 preferential issue of Rs. 72 crore. The company also confirmed that Rs. 35 crore of the raised funds is temporarily parked in fixed deposits, with Rs. 3,700 lakhs utilized so far for business growth and working capital, with no deviation in the stated objects.

Likely market impact

For shareholders: The sharp sequential recovery in Q3 revenue and return to profit is a positive sign, though the steep 9-month revenue and profit decline year-on-year signals ongoing business challenges. The massive equity expansion from warrant conversion will significantly dilute existing shareholders' stake, which is reflected in the negligible EPS despite profits.