MIRC Electronics FY26 Net Loss Rs 747.4 Crore

Board approved audited FY26 results reporting a net loss of Rs 747.4 crore, including significant exceptional items for restructuring and inventory write-down.
Appointed M/s. M M Nissim & Co LLP as statutory auditors for a first term of five years, subject to shareholder approval.
Completed a major capital restructuring through a rights issue and preferential allotment raising Rs 19,000 lakhs, significantly altering the shareholding pattern.
Auditors issued an unmodified opinion but highlighted exceptional items including Rs 293.9 crore inventory write-down and Rs 240 lakhs restructuring costs.