M Tek Copper reports FY26 net profit of ₹701.49 lakh

M Tek Copper Limited reported a net profit of ₹701.49 lakh for the financial year ended March 31, 2026, marking a significant increase from ₹345.39 lakh in the prior year. Total income from operations for the year rose to ₹23571.02 lakh from ₹12547.09 lakh in FY25. For the fourth quarter ended March 31, 2026, the company recorded a total income of ₹8498.93 lakh and a net profit of ₹369.18 lakh.

The Board of Directors approved the standalone audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 27, 2026. The Statutory Auditors of the Company have carried out a limited review of these financial results. The results were filed with the stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company's earnings per share (EPS) for the year ended March 31, 2026, stood at ₹1.65 on a face value of ₹5 each, compared to ₹2.00 in the previous year. For the quarter ended March 31, 2026, the EPS was reported at ₹1.07. The equity share capital remained constant at ₹1357.14 lakh throughout the periods presented.

Particulars	Year Ended 31.03.2026 (Audited)	Year Ended 31.03.2025 (Audited)	Quarter Ended 31.03.2026 (Audited)	Quarter Ended 31.03.2025 (Audited)
Total Income from Operations (₹ in Lacs)	23571.02	12547.09	8498.93	4199.64
Net Profit for the period (₹ in Lacs)	701.49	345.39	369.18	40.05
EPS (Basic and Diluted) (₹)	1.65	2.00	1.07	0.63

The total comprehensive income for the year ended March 31, 2026, was ₹448.78 lakh, down from ₹468.77 lakh in the previous year. For the fourth quarter, the total comprehensive income was ₹290.55 lakh. The detailed financial results are available on the company's website and the stock exchange platforms.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.69%	-1.78%	+2.23%	+38.11%	+2.31%	-28.75%

M Tek Copper Limited has been penalized by the National Stock Exchange of India Limited (NSE) for failing to maintain the required board composition during the quarter ended March 31, 2026. The exchange levied a financial penalty of Rs. 70,000 plus 18% GST, totaling Rs. 12,600, due to the violation of Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that while there is a quantifiable monetary impact from the fine, its operations and other activities remain unaffected.

The non-compliance related to the composition of the Board of Directors during the specified period. In response to the notice received on May 27, 2026, Madhav Copper stated that the lapse has been rectified. The company appointed a sixth director to its Board with effect from May 21, 2026, thereby ensuring adherence to the regulatory requirements moving forward.

Following the rectification, the company is proceeding with submitting an appropriate representation or waiver application before the exchange regarding the penalty. The disclosure was made in compliance with SEBI Circular reference no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Details of the Regulatory Action

The following table outlines the specific details of the notice and the penalty imposed by the exchange:

Sr. No.	Particulars	Details
1	Name of the authority	National Stock Exchange of India Limited
2	Nature and details of the action(s) taken, initiated or order(s) passed	NSE has levied a fine of Rs. 70,000/- plus 18% GST 12600/- for non-compliance with Regulation 17(1) of SEBI LODR Regulations, 2015 for the quarter ended March 31, 2026.
3	Date of receipt of direction/order	May 27, 2026
4	Details of violation(s)/contravention(s) committed or alleged to be committed	Non-compliance with Regulation 17(1) of SEBI LODR Regulations relating to composition of Board of Directors during the relevant period.
5	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible	Financial impact to the extent of fine amount of Rs. 70,000/- plus GST amounting to Rs. 12,600/- There is no material impact on operations or other activities of the Company.