Mount Housing and Infrastructure Limited returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹19.39 lakh. This marks a significant turnaround from the net loss of ₹85.92 lakh recorded in the previous financial year ended March 31, 2025. Revenue from operations for FY26 surged to ₹1436.33 lakh, up from nil in the preceding year, driven primarily by resumed business activities.

The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026. The statutory auditors, RAJA & RAMAN, Chartered Accountants, issued an unmodified opinion on the financial results, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

For the quarter ended March 31, 2026, the company reported a net profit of ₹0.81 lakh on a total revenue of ₹375.89 lakh. In comparison, the corresponding quarter in the previous year ended March 31, 2025, had recorded a net profit of ₹52.95 lakh with total revenue of ₹22.04 lakh. Total expenses for the full year amounted to ₹1420.06 lakh.

Financial Performance

The company’s earnings per share (EPS) for continuing operations improved to ₹0.64 for FY26 from a negative ₹2.84 in the previous year. Basic and diluted EPS for the quarter ended March 31, 2026, stood at ₹0.03. The finance costs for the year increased to ₹108.02 lakh from ₹0.57 lakh in the prior year, reflecting higher borrowing levels.

The balance sheet as of March 31, 2026, shows total assets at ₹3339.01 lakh, an increase from ₹2128.13 lakh in the previous year. Non-current assets included property, plant, and equipment valued at ₹66.46 lakh, while trade receivables stood at ₹1871.52 lakh. Current assets included inventories of ₹973.20 lakh and cash and cash equivalents of ₹3.11 lakh.

Key Financial Metrics

On the liabilities side, equity share capital remained constant at ₹302.87 lakh. Borrowings constituted a significant portion of the liabilities, with non-current borrowings at ₹870.08 lakh and current borrowings at ₹832.34 lakh. Trade payables rose sharply to ₹903.58 lakh as of March 31, 2026, compared to ₹58.75 lakh in the previous year.

The cash flow statement for the year ended March 31, 2026, indicates a net cash flow from operating activities of ₹199.82 lakh, a positive shift from the negative ₹19.09 lakh reported in the prior year. Cash and cash equivalents as of the year-end stood at ₹94.70 lakh, up from ₹45.66 lakh at the beginning of the year.

mount housing & infrastructure has scheduled a board meeting for May 29, 2026, to consider and approve the audited financial statements for the quarter and financial year ended March 31, 2026. The meeting will be held at the company's registered office in Coimbatore at 4:00 p.m. pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda Highlights

The board will deliberate on several key matters, including the approval of the audited financial results for the fiscal year 2025-26. Alongside the financial statements, the directors will consider the auditors' report for the same period. The agenda also includes the review and approval of contracts with related parties.

Compliance and Governance

The meeting will address various regulatory compliance items. The board will take note of the shareholding pattern, the statement of investor complaints, and the reconciliation of share capital audit report for the quarter ended March 31, 2026. Additionally, the directors will review the secretarial audit report and the secretarial compliance report for the financial year ended March 31, 2026.

Meeting Details

The 01/2026-2027 board meeting will be conducted physically at the registered office, though participation via electronic mode is available. Directors wishing to participate virtually were required to confirm their attendance via email by May 23, 2026. The meeting will also cover standard procedural items such as recording the presence of a quorum, granting leave of absence, and authorizing the signing of regulatory documents.