Modulex Construction Technologies Reports Q1 FY26 Loss Amid Ongoing Project Delays
Modulex Construction Technologies Limited (MCTL) announced Q1 FY26 results, showing a standalone net loss of ₹32.37 lakh, improved from ₹37.31 lakh loss in Q1 FY25. Total income rose to ₹41.50 lakh from ₹4.24 lakh. Consolidated loss was ₹418.12 lakh, compared to a profit of ₹1,118.06 lakh in Q1 FY25. Project delays at Pune facility continue to impact financials. The company received ₹1,524.98 lakh from convertible warrants and began trial production at Indapur factory. Commercial production is expected by Q2 FY26.