Microse India Limited reported a net loss of ₹172.32 lakh for the financial year ended March 31, 2026, reversing the profit of ₹95.85 lakh posted in the previous year. The company’s revenue from operations turned negative, registering at (₹118.23) lakh for FY26 compared to ₹136.27 lakh in FY25. This decline was primarily driven by losses arising from Futures and Options (F&O) trading activities, which constitute the main component of revenue from operations.

The Board of Directors, at its meeting held on May 28, 2026, approved the audited financial results for the quarter and year ended March 31, 2026. The results were reviewed by the Audit Committee and subjected to an audit by the Statutory Auditor. The financial statements have been prepared in accordance with the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013.

For the quarter ended March 31, 2026, the company reported a net loss of ₹21.36 lakh, with revenue from operations remaining nil. Total expenses for the quarter stood at ₹21.36 lakh, comprising employee benefit expenses, changes in inventory, and other expenses. The loss for the period from continuing operations was ₹21.36 lakh, with total comprehensive income for the quarter recorded at a loss of ₹28.29 lakh.

The balance sheet as of March 31, 2026, shows total assets at ₹152.97 lakh, a decrease from ₹506.85 lakh in the previous year. Shareholders' funds contracted to ₹45.07 lakh from ₹207.03 lakh, largely due to the depletion of reserves and surplus, which stood at a negative ₹171.34 lakh. Current liabilities decreased to ₹107.90 lakh from ₹299.81 lakh, while short-term borrowings were reduced to ₹103.31 lakh.

Financial Performance Summary

In a regulatory disclosure, the Board noted the resignation of M/s Laddha & Laddha as Internal Auditors effective May 31, 2026. Consequently, the Board appointed M/s ARK Jain & Associates as the new Internal Auditors for the financial year 2026-27. The trading window for all Designated Persons will open 48 hours after the declaration of the audited financial results.

Microse India Limited has announced that its board of directors will meet on Thursday, May 28, 2026, at the company's registered office. The primary agenda for the meeting is to consider and approve the audited financial results for the quarter and year ended March 31, 2026. This decision is in compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Meeting

The board will deliberate on several key matters during the session. The primary focus will be the financial performance of the company for the specified period. Additionally, the board will address administrative changes regarding the company's internal audit processes.

Internal Auditor Changes

The meeting will also note the resignation of M/s Laddha & Laddha as internal auditors, effective May 28, 2026. Consequently, the board proposes to appoint M/s ARK Jain & Associates (FRN-021769C) as the new internal auditors for the financial year 2026-27.

Trading Window Closure

In line with regulatory norms, the trading window for all designated persons of the company will remain closed until the financial results are declared. The window will open 48 hours after the results are communicated to the stock exchanges where the company's equity shares are listed.