Mahaveer Infoway Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors, which met on May 20, 2026, approved the standalone financial statements, reporting a significant turnaround in profitability for the fiscal year.

Financial Performance Overview

For the full year FY26, the company reported a net profit of INR 64.05 lakh, a substantial increase compared to the net profit of INR 8.00 lakh in the previous year. Total revenue for the year stood at INR 384.32 lakh, up from INR 301.22 lakh in FY25. The fourth quarter of FY26 contributed INR 46.19 lakh to the net profit, reversing the loss of INR 23.51 lakh reported in the same quarter of the previous year.

The following table summarizes the key financial metrics for the quarter and year ended March 31, 2026:

Segment Performance

The IT & Consultancy segment remained the primary revenue driver, generating INR 261.48 lakh for the year. The Mobiles and Educational segments reported no revenue during the period. Unallocated income, which totaled INR 122.84 lakh for the year, played a crucial role in the overall profitability.

Board Decisions

During the meeting held on May 20, 2026, the Board approved the appointment of M/s. Baheti & Gupta as Secretarial Auditors for the financial year 2026-27. Additionally, Mr. Tarun Kumar Alwala was appointed as the Internal Auditor for the financial year 2025-26. The Statutory Auditors, M/s Kalyana & Co., issued an audit report with an unmodified opinion on the financial results.

Mahaveer Infoway Limited has filed multiple regulatory declarations with BSE Limited, demonstrating comprehensive compliance with SEBI regulations for the financial year ended March 31, 2026. The company submitted both its annual promoter share encumbrance declaration and quarterly compliance certificate for depositories regulations.

Annual Promoter Share Declaration

The annual declaration was filed on April 6, 2026, confirming that no encumbrance of promoter shares occurred during FY26. The declaration was submitted by Ashok Kumar Jain, Managing Director (DIN: 00043840), in compliance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Q4FY26 Depositories Compliance Certificate

On April 9, 2026, the company submitted its compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The certificate was filed by Monika Ashish Rathi, Compliance Officer (M.No. A39393).

Promoter Group Coverage

The annual declaration covers 13 promoter entities, all confirming no share encumbrance activities during FY26. The comprehensive list includes both individual promoters and family members associated with the company's promoter group, including Rajender Kumar Jain, Basanta Bai Jain, Nirmal Kothari, Kamal Kumar Kothari, Vivek Jain, and other family members.

Dematerialization Status

The Registrar and Transfer Agent, Venture Capital & Corporate Investments Private Limited, certified that no securities were received for dematerialization or rematerialization during Q4FY26. This confirmation provides transparency regarding the company's share transfer activities during the quarter.

Regulatory Significance

These filings demonstrate Mahaveer Infoway's commitment to regulatory compliance and provide stakeholders with comprehensive transparency regarding promoter shareholding activities and dematerialization processes. The declarations confirm the unencumbered nature of promoter holdings and proper maintenance of securities records throughout FY26.