Enclosed herewith Audited Financial Results for the quater and year ended on March 31, 2026.
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Mudra Financial Services reported audited results for FY2026 with Total Income of ₹8,626 lakhs (down from ₹8,795 lakhs in FY2025), a marginal decline. Interest income grew 8.7% to ₹7,235 lakhs but was offset by a 30.7% drop in fees and commission income to ₹892 lakhs. Profit after tax fell significantly to ₹2.58 lakhs from ₹15.68 lakhs in the prior year. The company generated positive operating cash flows of ₹31.78 lakhs versus negative ₹45.16 lakhs in the previous year. The statutory auditor Sampat & Mehta LLP issued an unmodified (clean) opinion. The board also re-appointed M/s. Gohil Tejas & Co. as internal auditors for FY2026-27.
The sharp decline in profitability and revenue is concerning for shareholders despite positive operating cash flows. The clean audit opinion provides assurance on financial statement accuracy, but the weak bottom-line performance may negatively impact investor sentiment.