Mishtann Foods Ltd — Results, 22-05-2025: Result

Mishtann Foods Limited has announced a board meeting on which approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2025. The company appointed M/s Mikil Vora & Associates as internal auditors for FY 2025-26 and updated its Related Party Transactions Policy. Standalone revenue stood at ₹348.42 Cr with a net profit of ₹5.99 Cr for the year. Consolidated revenue was ₹1,375.30 Cr with net profit of ₹333.33 Cr. Auditor’s report carried a qualified opinion citing ongoing SEBI investigations over alleged fictitious transactions, high trade receivables (₹361.06 Cr), lack of provision for credit losses, issues related to CSR spending, significant GST demand (~₹206.84 Cr), and disputed unpaid income tax liabilities (~₹49.09 Cr provision plus ₹117.44 Cr demand). Management denies allegations and is pursuing legal remedies. The audit report was issued with an unmodified opinion.