Magnanimous Trade & Finance reports FY26 profit of ₹18.58 lakh
Magnanimous Trade & Finance reported a profit of ₹18.58 lakh for the financial year ended March 31, 2026. Total income for the year decreased to ₹131.42 lakh from ₹264.40 lakh in the previous year, while quarterly income was ₹66.21 lakh. The board approved the appointment of a new internal auditor and secretarial auditor, subject to shareholder approval.

*this image is generated using AI for illustrative purposes only.
Magnanimous Trade & Finance Limited reported a profit of ₹18.58 lakh for the financial year ended March 31, 2026. The company's board approved the standalone audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 26, 2026.
Financial Performance
For the quarter ended March 31, 2026, the company recorded a total income of ₹66.21 lakh and a profit of ₹14.64 lakh. In the full financial year, total income stood at ₹131.42 lakh compared to ₹264.40 lakh in the previous year. The basic earnings per share for FY26 were ₹1.95 on a face value of ₹10 each.
Corporate Governance Decisions
The board approved the appointment of M/s. Kishan Patel & Associates as the Internal Auditor for FY26-27. Additionally, the board accepted the resignation of Ms. Krina Gokulkumar Shah as Secretarial Auditor and appointed M/s Pooja M Patel & Associates as the new Secretarial Auditor for FY26-27, subject to shareholder approval via postal ballot.
Key Financial Metrics
| Metric | FY26 (Audited) | FY25 (Audited) |
|---|---|---|
| Total Income | ₹131.42 lakh | ₹264.40 lakh |
| Total Expenses | ₹112.84 lakh | ₹111.34 lakh |
| Profit for the period | ₹18.58 lakh | ₹80.58 lakh |
| Earnings Per Share (Basic) | ₹1.95 | ₹0.35 |
Strategic Proposals
Shareholders will vote via postal ballot on shifting the registered office from Rajasthan to Maharashtra and the regularization of Ms. Shweta as a Non-Executive Independent Director for five years. The trading window for designated persons remains closed and will reopen 48 hours after the declaration of financial results.
Historical Stock Returns for Magnanimous Trade & Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -100.00% |
What strategic factors drove the 50% decline in total income during FY26?
How will the relocation of the registered office from Rajasthan to Maharashtra impact operational costs and regulatory compliance?
What measures is the company taking to reverse the significant drop in profit from ₹80.58 lakh in FY25 to ₹18.58 lakh in FY26?


































