MCON Rasayan India Limited reported a 34% increase in net profit to ₹304.44 lakh for the financial year ended March 31, 2026, compared to ₹227.39 lakh in the previous year. Revenue from operations grew 28.5% to ₹6,524.16 lakh from ₹5,074.52 lakh in FY25. The company's Board approved the audited standalone financial results for the half year and full year ended March 31, 2026, during a meeting on May 27, 2026.

The Statutory Auditors, M/s. Devang Kumar Dand & Associates, issued an unmodified opinion on the financial results. Earnings per share (EPS) for the year increased to ₹4.15 from ₹3.40 in the prior year. For the half year ended March 31, 2026, the company recorded a net profit of ₹179.61 lakh on revenue of ₹3,686.14 lakh.

Key Financial Metrics (FY26)

The Board approved the re-appointment of M/s. Prem Pyara Tiwari & Associates as Secretarial Auditors and M/s. B. H. Doshi & Associates as Internal Auditors for FY27. Additionally, M/s. Patkar & Pendse were appointed as Statutory Auditors for a term of five years effective from the conclusion of the ensuing Annual General Meeting, subject to shareholder approval. The tenure of the existing Statutory Auditors, M/s. Devang Kumar Dand & Associates, will conclude at the upcoming AGM.

The company will host a post-earnings conference call on May 29, 2026, at 3:00 PM IST to discuss the financial performance. The virtual meeting will be hosted by Go India Advisors and feature Managing Director & Chairman Mahesh Bhanushali and Whole-time Director Nandan Pradhan.

MCON Rasayan India Limited has secured additional working capital financing through an ad hoc cash credit facility worth Rs. 2.50 crores from Axis Bank India Limited. The company's Board of Directors approved this facility during their meeting held on April 28, 2026, which commenced at 5:00 p.m. and concluded at 5:30 p.m.

Facility Details and Terms

The new financing arrangement expands MCON Rasayan's banking facilities significantly, adding to their existing credit lines with favorable terms for short-term liquidity management.

Financial Position Enhancement

The approval of this additional facility strengthens MCON Rasayan's financial position by providing enhanced liquidity support for operational requirements. The facility terms indicate a short-term working capital solution designed to meet immediate business needs.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the circular dated July 13, 2023. The facility utilizes existing security arrangements, streamlining the approval process and reducing additional collateral requirements.

This working capital enhancement provides MCON Rasayan with increased financial flexibility to support its business operations and growth initiatives in the near term.