Milton Industries Approves Financial Results, Re-appoints Managing Director Vijay Pal Jain
Milton Industries Limited announced key corporate updates following its Board of Directors meeting held on May 28, 2026. The Board approved the audited standalone financial statements for the fiscal year ending March 31, 2026, along with the corresponding standalone audited financial results for the half year and full financial year.The company confirmed that the audit reports for both periods were issued by M/s. KPSJ & Associates LLP, Chartered Accountants, with an unmodified opinion.
Leadership and Governance Changes
At the meeting, the Board also addressed key appointments and resignations. The Board unanimously approved the re-appointment of Mr. Vijay Pal Jain (DIN: 00343712) as Managing Director. This appointment is effective for a period of three consecutive years, commencing from July 14, 2026, and concluding on July 13, 2029.Separately, the Board confirmed the removal of Mr. Ronak Maheshwari from the position of Company Secretary and Compliance Officer.
Financial Performance Highlights
The company's financial results and position were presented for the half year and financial year ended March 31, 2026.The Statement of Audited Financial Results shows the following key metrics (Amounts in Lakhs):
| Particulars | Half Year ended 31/03/2026 (Audited) | Year ended 31/03/2026 (Audited) |
|---|---|---|
| Revenue from operations | 2,440.09 | 4,641.14 |
| Total Revenue | 2,516.98 | 4,720.12 |
| Total Expenses | 2,339.74 | 4,475.26 |
| Profit / (Loss) before tax | 177.24 | 244.86 |
| Net Profit / (Loss) for the period | 112.02 | 179.64 |
| Basic Earnings Per Share | 0.66 | 1.06 |
The Balance Sheet data (Amounts in Lakhs) reflects the company's financial standing across the periods:
| Particulars | As at 31-03-2026 (Audited) | As at 30-09-2025 (Unaudited) | As at 31-03-2025 (Audited) |
|---|---|---|---|
| TOTAL EQUITY AND LIABILITIES | |||
| Shareholders' Funds | 4,924.27 | 4,812.24 | 4,744.63 |
| Non-current liabilities (Sub-total) | 204.01 | 352.77 | 356.25 |
| Current liabilities (Sub-total) | 2,370.28 | 2,492.41 | 2,501.78 |
| TOTAL | 7,498.55 | 7,657.43 | 7,602.66 |
| TOTAL ASSETS | |||
| Non-current assets (Sub-total) | 1,154.42 | 1,157.16 | 1,191.06 |
| Current assets (Sub-total) | 6,344.14 | 6,500.27 | 6,411.60 |
| TOTAL | 7,498.55 | 7,657.43 | 7,602.66 |
The Cash Flow Statement (Amounts in Rs. Lakhs) details the operational cash generation for the period:
| Cash Flow Item | 31/03/2026 (Audited) | 30/09/2025 (Unaudited) | 31/03/2025 (Audited) |
|---|---|---|---|
| Net Profit before tax and extraordinary items | 244.86 | 67.62 | 155.39 |
| NET CASH FROM OPERATING ACTIVITIES | 791.04 | 705.81 | (276.45) |
| NET CASH SURPLUS IN FINANCING ACTIVITIES | (505.12) | (322.23) | 350.71 |
| Net Increase in Cash and Cash Equivalents | 280.48 | 359.39 | 125.25 |
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Milton Industries Limited
(CIN: L20299GJ1985PLC008047)
MILTON Stock Price Movement
On Wednesday, Milton Industries Limited shares slipped by 4.93% to settle at ₹40.5, closing significantly lower from its previous close of ₹42.6. The stock saw a total traded volume of 2,200 shares, reflecting strong selling pressure across the board.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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