Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results and Corporate Actions

Audit Opinion:

Clean limited review report - No modifications or qualifications

Key Financial Highlights [All amounts in Indian Rupees million]:

Standalone Results:

Revenue from Operations: ₹4,093.20 (Q1 FY27) vs ₹2,835.79 (Q1 FY26) - 44.3% YoY increase

Total Income: ₹4,146.81 (Q1 FY27) vs ₹2,927.26 (Q1 FY26)

Net Profit: ₹759.64 (Q1 FY27) vs ₹344.34 (Q1 FY26) - 120.6% YoY increase

EPS: Basic ₹3.42, Diluted ₹3.32 (Face value ₹2 per share)

Consolidated Results:

Revenue from Operations: ₹4,189.56 (Q1 FY27) vs ₹2,835.19 (Q1 FY26) - 47.8% YoY increase

Total Income: ₹4,240.02 (Q1 FY27) vs ₹2,926.68 (Q1 FY26)

Net Profit: ₹777.02 (Q1 FY27) vs ₹339.23 (Q1 FY26) - 129.1% YoY increase

EPS: Basic ₹3.49, Diluted ₹3.39 (Face value ₹2 per share)

Expense Breakdown (Standalone):

Cost of materials consumed: ₹1,475.57

Employee benefits expense: ₹324.53

Finance costs: ₹44.05

Depreciation and amortization: ₹185.06

Other expenses: ₹879.15

Exceptional Items:

No exceptional items for Q1 FY27. Previous quarters had exceptional items related to Labour Code implementation impacts.

Segment-wise Performance:

Not Specified

Corporate Actions:

  • Approved ratification of MCT Employee Stock Option Plan 2024, with authority to grant up to 1,08,84,475 Options exercisable into not more than 1,08,84,475 equity shares of face value ₹2 each
  • Approved amendments to the ESOP plan including change in nomenclature to "MPi Employee Stock Option Plan 2024" and updating of company name
  • These approvals are subject to shareholder approval via postal ballot (remote e-voting only)

Other Significant Information:

  • Labour Code implementation impact: Previous quarters had exceptional items due to change in wage definition under new Labour Codes notified by Government of India on November 21, 2025
  • Figures for quarter ended March 31, 2026 are balancing figures between audited full year and unaudited year-to-date figures
  • Financial results prepared in accordance with Ind AS 34 and SEBI Listing Regulations requirements