MMP Industries Updates Management Structure and Announces Q1 Financial Results for FY 2026-27
MMP Industries Limited reported its Unaudited Financial Results for the first quarter of the financial year 2026-27, along with updates on its board composition and key operational segments. The results cover periods ending June 30, 2026, across both standalone and consolidated entities.The company's Board of Directors held a meeting to consider and approve the Unaudited Financial Results (Standalone & Consolidated) for Q1 FY 2026-27. Management also presented the Board’s Report and the Corporate Governance Report, which are slated for adoption at the Fifty Third (53) Annual General Meeting (AGM).
Key Personnel Changes and Appointments
The board meeting addressed several changes in leadership. Mr. Vijay Bapna and Mr. Sunil Khanna resigned from their positions as Non-Executive Independent Directors due to the completion of their terms. Concurrently, Mr. Raj Sethia and Mr. Sanjay Arora were appointed as Additional Non-Executive, Independent Directors.Regarding financial stewardship, M/s. Deepak Khanuja & Associates was approved for the appointment as Cost Auditor. Shareholders are recommended to fix the remuneration (fees) for the cost audit of the company for the financial year 2026-2027.
Financial Performance Highlights
The results showed distinct operational data across both standalone and consolidated statements, available in lakhs.Standalone Financial Results for Q1 FY 2026-27:
| Metric | 30.06.2026 (Unaudited) | Quarter Ended 31.03.2026 (Audited) | 30.06.2025 (Unaudited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 23,210.72 | 24,836.65 | 18,325.37 | 82,168.59 |
| Total Income | 23,228.62 | 24,841.33 | 18,361.61 | 82,318.83 |
| Total Expenses | 21,609.12 | 23,131.87 | 17,560.93 | 77,677.01 |
| Profit Before Tax (PBT) | 1,619.50 | 2,470.64 | 800.68 | 4,641.82 |
| Profit After Tax (PAT) | 1,207.99 | 1,757.62 | (698.79) | 2,642.94 |
Consolidated Financial Results for Q1 FY 2026-27:
| Metric | 30.06.2026 (Unaudited) | Quarter Ended 31.03.2026 (Audited) | 30.06.2025 (Unaudited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 23,259.85 | 24,968.24 | 18,329.52 | 82,400.49 |
| Total Income | 23,277.75 | 24,955.85 | 18,365.76 | 82,533.67 |
| Total Expenses | 21,821.73 | 23,468.49 | 17,589.21 | 78,374.52 |
| Profit Before Tax (PBT) | 1,456.02 | 2,248.53 | (952.36) | 3,185.46 |
| Profit After Tax (PAT) | 1,369.95 | 1,799.33 | (541.14) | 3,100.93 |
Operational and Corporate Structure Details
The Group's operations are segmented across several areas, as detailed in the reporting requirements. The primary segments include Aluminium Powder and Paste, Aluminium Foil, Aluminium Conductor, and Polymer Insulators.Segment Revenue (Total):
| Segment | 30.06.2026 (Unaudited) | Quarter Ended 31.03.2026 (Audited) | 30.06.2025 (Unaudited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Total Revenue | 23,277.75 | 24,955.85 | 18,365.76 | 82,533.67 |
Segment Results (Total):
| Segment | 30.06.2026 (Unaudited) | Quarter Ended 31.03.2026 (Audited) | 30.06.2025 (Unaudited) | Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Total Profit Before Tax (PBT) | 1,456.02 | 2,248.54 | (952.36) | 3,185.46 |
The consolidated entity structure includes three wholly owned subsidiaries: MMP Electricals Private Limited, MMP Cables Private Limited, and MMP Alutech Private Limited. The Group also maintains interests in two associate companies: Star Circlips and Engineering Limited (at a stake of 26.06%) and Toyal MMP India Private Limited (at a stake of 26.00%).
MMP Stock Price Movement
Shares of MMP Industries Limited are climbing in live trading, reaching ₹330.05 as of 1:17 PM today, after gaining 1.16% during the current session. The stock surged to hit its critical 52-week high, with 83,774 shares being traded thus far.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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