Mukat Pipes Limited has intimated the appointment of Ms. Reema Arya, ACMA, M.Com (M.No. 33342), Patiala, as Internal Auditor of the company for the Financial Year 2026-27. The appointment was approved by the Board of Directors at its meeting held on May 12, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The following table summarises the key details of the appointment:

Profile of the Internal Auditor

Ms. Reema Arya brings a combination of academic and professional credentials to the role. She is a post graduate in commerce and is professionally qualified as a Cost & Management Accountant (CMA). Her professional background includes the following key highlights:

• Audit Experience: Conducts internal and cost audits with practice since 2013.
• Banking Experience: Prior banking sector experience from 2007 to 2013.
• Professional Expertise: Described as a seasoned auditing professional, knowledgeable about risk aversion strategies, cost reduction options, and financial processes.

The intimation was signed by Roopinder Singh, Chairman of Mukat Pipes Limited (DIN: 01239483), and submitted to BSE Ltd. for records.

Mukat Pipes Limited has reported its audited financial results for the quarter and year ended March 31, 2026. The company's Board of Directors approved the results during a meeting held on May 12, 2026. The manufacturer of large diameter SAW pipes posted a net profit of ₹5.34 lakh for the full fiscal year, a significant turnaround from the net loss of ₹16.02 lakh recorded in the previous year. Pursuant to Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has also formally declared that its Statutory Auditors, M/s. Gurpreet Kaur & Associates, Chartered Accountants, Patiala (FRN: 015358N), have issued an Audit Report with an unmodified opinion on the audited financial results for the quarter and year ended March 31, 2026.

Financial Performance Overview

The company's total income for the year ended March 31, 2026, rose to ₹592.31 lakh from ₹433.49 lakh in the previous year. Revenue from operations increased to ₹528.74 lakh, compared to ₹385.26 lakh in FY25. For the quarter ended March 31, 2026, the company reported a net profit of ₹29.84 lakh, reversing the net loss of ₹25.04 lakh incurred in the corresponding quarter of the previous year.

Operational Highlights and Expenses

Total expenses for the year increased to ₹586.97 lakh from ₹449.51 lakh in the prior year. The cost of materials consumed decreased to ₹148.37 lakh from ₹159.44 lakh. Employee benefit expenses rose to ₹118.30 lakh from ₹108.30 lakh. Other expenses saw a notable rise to ₹310.17 lakh compared to ₹92.72 lakh in the previous year, primarily driving the increase in overall expenditure despite the revenue growth.

Board Decisions and Regulatory Compliance

During the meeting, the Board also appointed internal auditors for the fiscal year 2026-27. The audited financial results were reviewed by the Audit Committee and approved by the Board. The company formally declared, under Regulation 33(3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that the Statutory Auditors M/s. Gurpreet Kaur & Associates issued an Audit Report with an unmodified opinion on the results for the quarter and year ended March 31, 2026. The declaration was signed by Roopinder Singh, Chairman (DIN: 01239483), and submitted to BSE Limited on May 12, 2026.