Metroglobal reported a consolidated net profit of ₹4.96 crore for the quarter ended June 30, 2026, marking a 25% year-on-year increase from ₹3.97 crore in Q1FY26. Standalone net profit rose 20% to ₹4.79 crore, compared to ₹3.97 crore in the corresponding period of the previous fiscal. The results were materially supported by a ₹3.96 crore income tax refund received pursuant to rectification orders under Section 154 of the Income-tax Act, 1961, for assessment years 2003-04, 2004-05, and 2005-06. Consolidated revenue from operations stood at ₹81.30 crore, while standalone revenue was ₹81.30 crore.

The Board of Directors approved the unaudited financial results in a meeting held on August 07, 2026, in compliance with Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statutory auditors KPSJ & Associates LLP issued an unqualified limited review report on both standalone and consolidated results. The Board also fixed the date for the 34th Annual General Meeting (AGM), scheduled for September 18, 2026, at 11:30 a.m. via Video Conferencing or Other Audio Visual Means.

Key Financial Metrics

Governance and Corporate Actions

The Board recommended the re-appointment of Rahul G. Jain as Whole-time Director and Gautam M. Jain as Executive Chairman and Managing Director for a further term of five years, effective November 12, 2026. These appointments are subject to shareholder approval at the ensuing general meeting. Remuneration for both directors will be fixed effective from the same date. Additionally, the Board approved revisions to limits for loans, guarantees, securities, and investments under Section 186 of the Companies Act, 2013.

What the Numbers Show

The reported profit growth is heavily influenced by non-operational factors. The ₹3.96 crore income tax refund constitutes a significant portion of the bottom-line improvement, suggesting that operational profitability may not have expanded at the same pace as the headline net profit figure. Investors should note that the refund relates to legacy assessment years, indicating a one-time benefit rather than a recurring operational trend. Segment-wise, the Trading & Finance segment remains the primary contributor to revenue and profit, while the Infrastructure & Realty segment contributed marginally with ₹0.79 crore in revenue and ₹0.10 crore in pre-tax profit.

Metroglobal Limited has completed the three-month restraint period from accessing the securities market, following an order by the Securities Appellate Tribunal (SAT). The company confirmed on June 09, 2026, that it has fully complied with the directions issued by the SAT in its order dated March 09, 2026. This development marks the conclusion of the debarment period that restricted the company's participation in the securities market.

The SAT had modified the directions contained in an earlier order dated August 11, 2021, passed by the Whole Time Member of SEBI. The March 09, 2026 order reduced the period of restraint imposed on the company to three months from the date of the SAT order. Metroglobal Limited stated that it has duly adhered to these directions and has discharged its obligations under the said order.

The disclosure was made to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided details regarding the completion of the debarment period in Annexure – A, which accompanied the regulatory filing.

Details of Proceedings

The following table outlines the status of the proceedings as disclosed by the company:

The information regarding the completion of the debarment period has also been uploaded on the company’s official website. Hetal Koradia, Company Secretary and Compliance Officer, signed the disclosure submitted to the exchange.