Quarterly Result28 May 2026, 08:49 pm
MPL Plastics Q4/FY26 Results: Reports Loss, Going Concern Doubt
AI Summary
MPL Plastics Limited's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, on May 28, 2026. For the quarter, the company reported a net profit of ₹16.39 Lakhs. For the full year ended March 31, 2026, MPL Plastics reported a net loss of ₹13.35 Lakhs, with basic and diluted Earnings Per Share (EPS) of ( ₹0.11). The auditors, Jain Vinay & Associates, issued an unmodified opinion but highlighted a material uncertainty related to the company's ability to continue as a going concern, noting that operations are currently closed down.
Key Highlights
- Board approved Q4 and FY26 audited financial results on May 28, 2026.
- Company reported a net profit of ₹16.39 Lakhs for Q4 FY26.
- Company reported a net loss of ₹13.35 Lakhs for the full year FY26.
- Basic and diluted EPS for FY26 was ( ₹0.11).
- Auditors noted a material uncertainty regarding the company's going concern due to closed operations.
Price Impact
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