Quarterly Result28 May 2026, 08:40 pm
MPL Plastics Q4 FY26 Net Profit ₹16.39 Lakh; Going Concern Doubt Raised
AI Summary
MPL Plastics Limited's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at their meeting on May 28, 2026. For Q4 FY26, the company reported a net profit after tax of ₹16.39 Lakhs with a basic EPS of ₹0.13. For the full fiscal year 2026, the company posted a net loss after tax of ₹13.35 Lakhs, resulting in a basic EPS of ₹(0.11). The independent auditor's report highlighted a material uncertainty regarding the company's ability to continue as a going concern, noting that its operations are currently closed down. Despite this, the auditor's opinion on the financial results was not modified.
Key Highlights
- Board approved Q4 and FY26 audited financial results on May 28, 2026.
- Q4 FY26 Net Profit after tax was ₹16.39 Lakhs; Basic EPS ₹0.13.
- FY26 Net Loss after tax was ₹13.35 Lakhs; Basic EPS ₹(0.11).
- Auditors noted material uncertainty on going concern due to closed operations.
- Auditor's opinion on financial results was not modified despite going concern doubt.
Price Impact
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