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.

Mega Corporation Ltd has appointed Mr. Ashraye Lalani as an Additional Director (Non-Executive, Non-Independent) effective June 24, 2026. The appointment is subject to the approval of members at a General Meeting. Mr. Lalani is related to a Director of the Company.

The Board of Directors at their meeting held on June 24, 2026, approved the appointment. Mr. Lalani has been a driving force behind the Mega group Expansion and has played a crucial role in securing key clients and new business opportunities. He heads the Growth and Technology verticals and has conceptualized and delivered several digital and technology integrated campaigns.

Regulatory Disclosures

The appointment was made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company disclosed that Mr. Lalani is not debarred from holding the office of Director by virtue of any BSE & NSE Circular or Order.