MOS Utility reported a 32.8% rise in standalone net profit to ₹1486.69 crore for the year ended March 31, 2026, compared to ₹1118.82 crore in the previous year. Revenue from operations increased to ₹24107.35 crore from ₹20794.16 crore in FY25. The company's Board of Directors approved the audited standalone and consolidated financial results at a meeting held on May 25, 2026.

The standalone financial results for the quarter ended March 31, 2026, show a profit of ₹430.71 crore, while total income stood at ₹5028.23 crore. For the full year, total income reached ₹24760.96 crore. Earnings per equity share of ₹2 each (basic and diluted) for the year stood at ₹0.59, up from ₹0.45 in the previous year.

On a consolidated basis, the company reported a net profit of ₹1853.10 crore for FY26, up from ₹1347.69 crore in FY25. Consolidated revenue from operations for the year stood at ₹63524.23 crore. Total consolidated income for the year was ₹64118.88 crore. Earnings per share on a consolidated basis increased to ₹0.73 from ₹0.55 in the previous year.

Financial Performance

The following table summarizes the standalone financial results for MOS Utility for the year ended March 31, 2026:

The company's statutory auditors, Bilimoria Mehta & Co., issued an audit report with an unmodified opinion on the standalone and consolidated financial results. The audit report confirmed that the financial results give a true and fair view of the company's financial position in conformity with Indian Accounting Standards.

Restatement of Financials

During the preparation of the financial statements, the company identified material prior period errors and omissions. In accordance with Ind AS 8, the comparative amounts for the prior period have been restated. The restatement impacted retained earnings, property, plant and equipment, right-of-use assets, and lease liabilities, among other line items. The adjusted figures reflect corrections to previously reported financial statements for the year ended March 31, 2025.

MOS Utility Limited has announced the resignation of its Secretarial Auditor, Mr. Pranay Vaidya. The disclosure was made to the National Stock Exchange of India Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Pranay Vaidya, proprietor of Pranay Vaidya & Co., a firm of Practicing Company Secretaries, resigned from his position with effect from May 18, 2026. The resignation follows a formal communication from the auditor citing pre-occupation and other professional commitments as the reasons for discontinuing his tenure with the company for the forthcoming financial years.

Details of the Change

The company provided specific details regarding the event in an annexure to the regulatory filing. The information outlined the nature of the change and the effective date of cessation.

The resignation was formally communicated by Ravi Natvarlal Ruparelia, Managing Director of MOS Utility Limited. The company requested the exchange to place the information on its records. Mr. Vaidya expressed his gratitude to the management and the Board of Directors for the trust and support extended during his tenure.