Monte Carlo Fashions Approves FY26 Results, Recommends 200% Dividend, and Investment in Subsidiary

Monte Carlo Fashions Approves FY26 Results, Recommends 200% Dividend, and Investment in Subsidiary

Monte Carlo Fashions Approves FY26 Results, Recommends 200% Dividend, and Investment in Subsidiary​

Monte Carlo Fashions Limited announced key outcomes from its Board of Directors meeting held on May 18, 2026. The Board reviewed and approved the company's standalone and consolidated audited financial results for the quarter and financial year ending March 31, 2026. The Board also recommended a final dividend and approved a strategic investment in its subsidiary.

Financial Performance and Key Figures​

The Board approved the financial results for the quarter and financial year ended March 31, 2026.

According to the statement of Standalone Financial Results, the company's performance metrics for the year ending March 31, 2026, and the quarter ending March 31, 2026, were:

MetricQuarter ended March 31, 2026 (Unaudited)Year ended March 31, 2026 (Audited)
Revenue from Operations50307501
Total Income8023614
Profit/(loss) after tax10,68411,173

The Consolidated Statement of Financial Results provided the following figures:

MetricQuarter ended March 31, 2026 (Unaudited)Year ended March 31, 2026 (Audited)
Total Income28,8331,27,591
Profit/(loss) before tax436157
Total Equity2,07311,391

Corporate Actions and Investment​

At the meeting, the Board recommended a final dividend for the Financial Year 2025-2026. The recommended dividend is Rs 20/- (Rupees Twenty Only) per Equity Share, representing 200% of the Face Value of Rs 10/- each. This dividend is subject to approval by the shareholders at the ensuing Annual General Meeting.

In a strategic move, the Board also approved an investment in the equity shares of the wholly owned subsidiary, MCFL Energy Projects Private Limited. The investment is proposed to support the subsidiary’s business operations and future growth plans in the solar energy sector. The approved investment amount is up to Rs. 50.00 Lakhs by way of subscription, to be made in one or more tranches.

Auditing and Governance Appointments​

The Board of Directors utilized the opportunity to appoint external auditors for key functions for the upcoming fiscal years.

Key appointments made by the Board include:

  • Internal Auditor: M/s S. Tandon & Associates, Chartered Accountants, were appointed as Internal Auditors for the Financial Year 2026-27.
  • Tax Auditor: M/s Deloitte Haskins & Sells, Chartered Accountants, were appointed as Tax Auditors for the Financial Year 2025-26.

Balance Sheet Highlights (As at March 31, 2026)​

The company’s financial position was also reviewed, with the audited Standalone Statement of Assets and Liabilities provided:

ParticularsAs at March 31, 2026 (Audited)As at March 31, 2025 (Audited)
Total Assets1557117220
Total Equity50,56083,310
Total Liabilities1051117224

Note: Figures presented in the financial tables are rounded for general readability but reflect the amounts detailed in the source data.

MONTECARLO Stock Price Movement​

Monte Carlo Fashions Limited shares today slipped by 1.18% to settle at ₹566.05. The stock traded on a volume of 17,493 shares during the session.
 

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