Outcome of Board Meeting for consideration of Audited Financial Result for period ended on March 30 , 2026.
Awaiting price reaction for this filing.
Mahan Industries Limited reported audited financial results for FY26 ended March 31, 2026. Total income increased significantly to Rs. 625.03 lakhs from Rs. 217.01 lakhs in FY25, representing revenue growth of 188%. The company returned to profitability with net profit of Rs. 4.61 lakhs compared to a loss of Rs. 13.69 lakhs in the previous year. However, operating cash flow remained deeply negative at Rs. 174.78 lakhs, showing a major discrepancy between reported profits and actual cash generation. The auditors from SDPM & Co. issued an unmodified (clean) opinion on the financial statements. The large negative cash flow is partly attributed to Rs. 556.88 lakhs spent on share purchases and Rs. 93.55 lakhs in impairment charges.
While the company achieved revenue growth and returned to profit, the substantial negative operating cash flow of Rs. 174.78 lakhs raises concerns about cash generation ability and may create uncertainty for investors despite the clean audit opinion.