Machhar Industries Ltd — Important, 24-05-2026: Company Update

Machhar Industries has announced a board meeting where it approved the audited financial results for the quarter and year ended. For the year, standalone net profit reached 0.58 Cr on total income of 15.82 Cr. Consolidated net profit also stood at 0.58 Cr. Auditors issued an unmodified opinion on both sets of results. The company has a 0.35 Cr outstanding loan to a joint venture, with no interest charged or repayment schedule defined. This update gives investors insight into the company's annual financial health and its engagement with its joint venture.