Monte Carlo Fashions Board Approves FY Results, Recommends 200% Dividend, and Investment in Subsidiary
Monte Carlo Fashions Limited, the fashion company, announced key decisions following its Board of Directors meeting held on May 18, 2026. The Board reviewed and approved the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026. Furthermore, the directors recommended a final dividend and approved a significant investment in the company's wholly owned subsidiary.Financial Results and Auditing Opinion
During the meeting, the Board considered the Standalone and Consolidated Audited Financial Results for the Quarter and Financial Year ended March 31, 2026. The company confirmed that the Statutory Auditors, M/s Deloitte Haskins & Sells, issued an Auditor's Report providing an unmodified opinion on the Audited Standalone Financial Results of the Company for the quarter and financial year ended March 31, 2026.
The company presented comprehensive financial data covering multiple periods for investor review. Key financial figures are detailed in the statements below:
Statement of Standalone Financial Results (Extract)
| Metric | Quarter ended March 31, 2026 (Unaudited) | Year ended March 31, 2026 (Audited) |
|---|---|---|
| Revenue from operations & other income | 5030 | 1,27,591 |
| Total income | 802 | 3,614 |
| Profit/(loss) after tax | 10,684 | 7,980 |
| Total comprehensive income/(loss) | 62 | 13,396 |
Statement of Consolidated Financial Results (Extract)
| Metric | Quarter ended March 31, 2026 | Year ended March 31, 2026 |
|---|---|---|
| Total income | 28,833 | 1,3211 |
| Profit/(loss) after tax | 13,202 | 14,719 |
| Total equity | 90,587 | 83,404 |
Dividend Recommendation and Strategic Investments
The Board of Directors recommended a final dividend of Rs 20/- (Rupees Twenty Only) per Equity Share. This represents 200% of the Face Value of Rs 10/- (Rupees Ten Only) each for the Financial Year 2025-2026. The dividend will require approval from the Shareholders at the ensuing Annual General Meeting.
In a strategic move, the Board also approved an investment up to Rs. 50.00 Lakhs in the equity shares of MCFL Energy Projects Private Limited. This wholly owned subsidiary is engaged in the renewable energy sector, specifically solar power generation. The investment is aimed at supporting the business operations and future growth plans of the subsidiary.
New Auditor Appointments
The Board finalized appointments for key statutory roles for the current financial year:
- Internal Auditor: M/s S. Tandon & Associates, Chartered Accountants were appointed as the Internal Auditors for the Financial Year 2026-27.
- Tax Auditors: M/s Deloitte Haskins & Sells, Chartered Accountants were appointed as Tax Auditors for the Financial Year 2025-26.
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Disclaimer: All financial figures are presented exactly as per the source document and are reported in the respective currency units (e.g., lakhs, Rupees).
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MONTECARLO Stock Price Movement
Shares of Monte Carlo Fashions Limited today slipped by 1.18%, shedding ₹6.80 to settle at ₹566.05. The stock finished its trading day on a volume of 17,493 shares.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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