Mega Corporation has scheduled its 41st Annual General Meeting for September 21, 2026. The meeting will be held via video conferencing, with e-voting open from September 18 to September 20.

The Board of Directors finalized these approvals during its meeting on August 25, 2026, in compliance with Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the AGM will be held at 2:30 pm to transact the business as set out in the notice.

Key Dates and Venue

The deemed venue for the AGM is Plot No 38, First Floor, Okhla Industrial Estate, Phase-III, South Delhi-110020. The transfer books will remain closed from September 15 to September 21, 2026.

Appointments and Dispatch

The Board appointed M/s. Vikash Gupta & Co., Practicing Company Secretaries, as the Scrutinizer for the e-voting process. Additionally, based on the Audit Committee’s recommendation, the Board appointed M/s Sahil Chopra And Company, Chartered Accountants, as Internal Auditors for FY27, aligning with Section 138 of the Companies Act, 2013.

The company will commence the electronic dispatch of the Notice of AGM and the Annual Report for FY26 starting August 27, 2026. In accordance with Regulation 36(1)(b) of the SEBI (LODR) Regulations, 2015, a letter containing the weblink to these documents is being sent to shareholders who have not registered their email addresses.

Mega Corporation reported a standalone net profit of ₹19.31 lakh for the quarter ended June 30, 2026, down from ₹28.16 lakh in the same period of FY25. The company’s total revenue from operations rose to ₹211.71 lakh, up from ₹190.17 lakh in Q1FY25, driven primarily by interest income.

The Board of Directors approved the unaudited financial results during its meeting held on August 12, 2026, in New Delhi. The results were reviewed by statutory auditors Manish Pandey & Associates.

Financial Performance

Interest income, the primary revenue driver, increased to ₹211.71 lakh from ₹190.17 lakh in Q1FY25. However, total expenses rose significantly to ₹226.89 lakh from ₹165.66 lakh in the prior year quarter. Finance costs accounted for the largest share of expenses at ₹120.54 lakh, up from ₹105.22 lakh. Impairment on financial instruments stood at ₹14.71 lakh, compared to ₹16.23 lakh in Q1FY25.

Other income contributed ₹34.48 lakh, a substantial increase from ₹3.65 lakh in the previous year quarter. Employee benefits expense rose to ₹17.05 lakh from ₹11.62 lakh, while depreciation and amortisation increased to ₹14.91 lakh from ₹11.78 lakh.

What the Numbers Show

While interest income grew steadily, the expansion in finance costs outpaced revenue growth, compressing margins. Finance costs constituted approximately 57% of total revenue in Q1FY26, compared to 55% in Q1FY25. Additionally, other income now represents nearly 18% of total income, up from just 2% in the prior year quarter, indicating a higher reliance on non-operating gains to support profitability.

Balance Sheet Position

As of June 30, 2026, total assets stood at ₹8,706.52 lakh, up from ₹8,159.04 lakh at the end of March 2026. Loans, the largest asset class, increased to ₹7,295.86 lakh from ₹6,796.17 lakh. Cash and cash equivalents more than doubled to ₹106.88 lakh from ₹46.67 lakh.

On the liability side, borrowings rose to ₹4,866.65 lakh from ₹4,364.98 lakh. Total equity remained stable at ₹3,552.49 lakh, comprising ₹2,000 lakh in equity share capital and ₹1,552.49 lakh in other equity.