Consumer Electronics company MIRC Electronics announced Q4FY26 & FY26 results Financial Highlights: Total Income: For FY26, total income was Rs 14,871 lakh, compared to Rs 21,549 lakh in Q3FY26 (QoQ decrease of 30.99%) and Rs 20,457 lakh in Q4FY25 (YoY decrease of 27.31%). For FY26, total income was Rs 67,083 lakh, compared to Rs 75,742 lakh in FY25. Loss After Tax: For FY26, the company reported a loss after tax of Rs 4,736 lakh, compared to a loss of Rs 1,311 lakh in Q3FY26 and a profit of Rs 118 lakh in the corresponding quarter of the previous year. For FY26, the total loss after tax was Rs 7,474 lakh, compared to a loss of Rs 230 lakh in FY25. Earnings Per Share (EPS): Basic and Diluted EPS (after exceptional items) For FY26, was Rs (1.28), compared to Rs (0.36) in Q3FY26 and Rs 0.05 in Q4FY25. Basic and Diluted EPS (after exceptional items) for FY26, was Rs (2.45), compared to Rs (0.10) in FY25. Business Highlights: Key Financial and Operational Developments: The company undertook a restructuring and business transformation exercise, including the rationalization of operations and asset optimization. Exceptional items include: Restructuring costs of Rs 240 lakh. Inventory write-down of Rs 2,939 lakh. Gain on sale of non-core assets (property at MIDC, Andheri) of Rs 2,056 lakh. Fund Raising: The company completed fund-raising initiatives during the year, including: Issue of 12% Non-Convertible Debentures (NCDs) aggregating to Rs 6,000 lakh. Rights Issue of equity shares aggregating to Rs 4,948 lakh. Preferential Allotment of equity shares aggregating to Rs 14,952 lakh. Segment Performance: The company operates in a single operating segment, "Consumer Durables," and thus, there are no separate reportable segments under Ind AS 108. Auditor Appointment: M/s. M M Nissim & Co LLP, Chartered Accountants, were appointed as Statutory Auditors for a first term of five consecutive years, commencing from the conclusion of the 45th Annual General Meeting till the conclusion of the 50th Annual General Meeting, subject to shareholder approval. Result PDF