Mos Utility Limited Announces CEO Appointment Following Board Meeting, Releases Quarterly Financial Results
Mos Utility Limited has reported key outcomes from its Board of Directors meeting held on August 12, 2026. The company announced changes in leadership and released un-audited financial results for both the standalone entity and the consolidated group for the quarter ended June 30, 2026.The board meeting confirmed the resignation of Mr. Jignesh Juthani from the role of Chief Executive Officer (CEO). Consequently, the company approved the appointment of a new CEO, Mr. Atish Shelar, effective August 12, 2026, to fill the vacancy.
New CEO Appointment and Profile
The Board approved the appointment of Mr. Atish Shelar as the new Chief Executive Officer (CEO) of Mos Utility Limited. Mr. Shelar possesses over 25 years of experience across banking, fintech, digital payments, merchant acquiring, business development, product strategy, and business transformation. His extensive background includes senior leadership positions at institutions such as IppoPay, M2P Fintech, Unimoni, BillDesk, HDFC Bank, and Deutsche Bank.Financial Performance Highlights (Consolidated)
Mos Utility Limited released its un-audited Consolidated Statement of Financial Results for the quarter ended June 30, 2026. The results reflect operations across the company and its subsidiaries.The key consolidated financial figures for the period are detailed below:
| Metric | For Quarter Ended June 30, 2026 Unaudited (₹ Lakhs) | For the Quarter Ended March 31, 2026 Audited (₹ Lakhs) | For the Year Ended March 31, 2026 Audited (₹ Lakhs) |
|---|---|---|---|
| Revenue from Operations | 1,510,934 | 15,334.99 | 6,352,423 |
| Total Income | 15,269.67 | 15,477.74 | 64,118.88 |
| Profit for the Period Attributable to Owners of the Company | 436.08 | 491.30 | 1,853.10 |
Standalone and Segmental Results Overview
The company also published its un-audited standalone financial results and detailed segment reporting for the quarter ended June 30, 2026. These reports detail performance across Fintech and Utility Business and Tourism & Travelling Business segments.Standalone Financial Results (Quarter Ended June 30, 2026):
| Metric | Standalone Unaudited (₹ Lakhs) |
|---|---|
| Revenue from Operations | 517,475 |
| Total Income | 5,318.94 |
| Profit before Exceptional Item and tax | 492.69 |
Consolidated Segment Performance (Quarter Ended June 30, 2026):
The total segment revenue from operations stands at 15,109.34 ₹ Lakhs. The performance breakdown by business unit is as follows:
| Business Segment | Total Revenue from Operations (₹ Lakhs) | Total Segment Results (Profit before tax and interest) (₹ Lakhs) |
|---|---|---|
| Fintech and Utility Business | 14,808.97 | 640.25 |
| Tourism & Travelling Business | 300.37 | 78.79 |
MOS Stock Price Movement
Mos Utility Limited shares edged higher on Wednesday, settling at ₹10.65 after gaining 1.91% in trading. The stock saw a traded volume of 84,000 shares during the session.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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