Outcome of the Board Meeting held on 30.05.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mudunuru Ltd reported a significant revenue decline for FY 2025-26 at Rs 319.43 Lakhs, down from Rs 620.05 Lakhs in the previous year - a drop of approximately 48.5%. The company posted a net loss of Rs 179.53 Lakhs for the year, compared to a loss of Rs 131.05 Lakhs in FY 2024-25, indicating worsening financial performance. The statutory auditor M/s M.M Reddy & Co issued an unmodified (clean) opinion on the financial statements. A notable disclosure reveals a dispute with Infronics Systems Limited (ISL) for unpaid service charges of Rs 12.05 crore, for which the company has issued a demand notice and lodged a police complaint. Total equity has eroded to Rs 36.45 Lakhs with negative other equity of Rs 617.95 Lakhs. The board approved these audited results at the meeting held on May 30, 2026.
The sharp revenue decline and widening losses signal deteriorating business fundamentals. The negative other equity of Rs 617.95 Lakhs raises significant concerns about the company's financial health and solvency. Shareholders should note the clean audit opinion provides some comfort, but the Rs 12.05 crore receivable dispute adds material uncertainty to the financial position.