We wish to inform your esteemed organization that the Board of Directors of the Company at its meeting held today i.e., Friday, the 13th day of February 2026, has inter-alia, considered ....
Awaiting price reaction for this filing.
The Board of Directors of Mipco Seamless Rings Gujarat Ltd approved the un-audited financial results for the quarter and nine months ended 31 December 2025 at a meeting held on 13 February 2026. Revenue from operations stood at Rs. 59.88 lakhs in Q3 FY26 versus Rs. 54.58 lakhs in Q2 FY26, with the company reporting revenue of Rs. 114.46 lakhs for the nine-month period, compared to virtually nil in the same period last year — indicating the business has just begun commercial operations. The company swung to a small profit of Rs. 2.75 lakhs in Q3 FY26 from a loss of Rs. 1.78 lakhs in Q3 FY25, while the nine-month loss narrowed sharply to Rs. 1.34 lakhs from Rs. 12.64 lakhs. The statutory auditor, Bijan Ghosh & Associates, issued an unmodified limited review report with no qualifications or emphasis of matter.
The company appears to be at an early revenue-generating stage with very small absolute numbers, but the sharp reduction in losses and return to a quarterly profit are encouraging early signs for shareholders. The stock remains a micro-cap with limited operating scale, so this filing is largely procedural and unlikely to move the price materially.