We enclose herewith extract of Audited Financial Results for the quarte and financial year ended 31.03.2026 published in Financial Express (English) and Navashakti (Marathi) newspapers ....
ONIDA · price
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Mirc Electronics (Onida brand) has published its audited financial results for Q4 and full year ended March 31, 2026 in newspapers. Standalone total income grew 22% to Rs 5,261 crore from Rs 4,298 crore in the previous year, showing strong revenue growth. However, net profit after tax declined slightly to Rs 236 crore from Rs 246 crore, indicating margin pressure despite higher sales. The consolidated figures show total income of Rs 5,906 crore with net profit of Rs 352 crore. The results were reviewed by the Audit Committee and approved by the Board on May 20-21, 2026, with statutory auditors issuing an unmodified opinion.
The strong revenue growth is positive but the decline in net profit despite higher sales suggests cost pressures that investors should monitor. The company needs to improve operational efficiency to convert revenue growth into better bottom-line performance.