Linaks Microelectronics narrows FY26 net loss to ₹21.07 lakh

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Key Highlights

Linaks Microelectronics Limited reported a narrowed net loss of ₹21.07 lakh for FY26, compared to ₹23.11 lakh in the previous year, with total revenue rising to ₹11.31 lakh driven by scrap sales. The company turned profitable in the quarter ended March 31, 2026, posting a net profit of ₹4.32 lakh, while total assets increased to ₹3.72 crore.

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Linaks Microelectronics Limited has released its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the financial statements during a meeting held on May 25, 2026. The statutory auditors, R S J B & Associates, issued an audit report with an unmodified opinion on the results. The company disclosed these results to BSE Limited pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the publication appearing in Financial Express and Jansatta on May 26, 2026.

Financial Performance for FY26

For the financial year ended March 31, 2026, the company reported a total revenue of ₹11,31,200. This figure represents an increase compared to the revenue of ₹4,57,200 recorded in the previous fiscal year ended March 31, 2025. The revenue for the period was entirely derived from other income, specifically identified as the sale of scrap amounting to ₹11,31,200.

The company’s total expenses for the year rose to ₹32,37,995.97 from ₹27,68,247.27 in the prior year. This increase was driven by higher employee benefit expenses and other administrative expenses. Consequently, Linaks Microelectronics reported a net loss of ₹21,06,795.97 for FY26, an improvement over the net loss of ₹23,11,047.27 reported for FY25.

Quarterly Results

For the quarter ended March 31, 2026, the company posted a total revenue of ₹11,31,200 and a profit of ₹4,31,699.60. This contrasts with the quarter ended March 31, 2025, where the company reported a loss of ₹5,31,831.00. The basic and diluted earnings per share (EPS) for the quarter ended March 31, 2026, stood at ₹0.02, compared to a loss of ₹0.03 in the corresponding period of the previous year.

Balance Sheet and Cash Flows

As of March 31, 2026, the company's total assets were valued at ₹3,72,42,661.14, up from ₹3,07,60,842.75 in the previous year. Shareholders' equity reflected a negative balance, with reserves and surplus at negative ₹26,28,28,923.92. The company’s cash and cash equivalents increased slightly to ₹2,00,664.80 from ₹1,97,036.09 at the end of the previous year.

The following table summarizes the key financial figures for the financial year ended March 31, 2026, compared to the prior year:

Particulars Year Ended 31.03.2026 (Audited) Year Ended 31.03.2025 (Audited)
Total Revenue 11,31,200.00 4,57,200.00
Total Expenses 32,37,995.97 27,68,247.27
Net Profit/(Loss) (21,06,795.97) (23,11,047.27)
Basic EPS (0.12) (0.13)
Total Assets 3,72,42,661.14 3,07,60,842.75
Cash and Cash Equivalents 2,00,664.80 1,97,036.09

Does the company have a strategic roadmap to resume core business operations and generate revenue beyond scrap sales?

How does Linaks Microelectronics plan to address the significantly negative reserves and surplus to restore shareholder equity?

Will the recent increase in administrative expenses persist as the company attempts to pivot back to active operations?

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