MosChip Technologies Announces Audited FY26 Results and Appoints New Internal Auditors
MosChip Technologies reported audited FY26 results with total income at ₹59,062.84 lakhs and net profit after tax at ₹3,520.43 lakhs. The company appointed Gokhale & Co. as Internal Auditors for FY27 and approved the allotment of 85,604 equity shares. The NCLT approved the merger of subsidiaries Softnautics Inc. and Softnautics Pvt. Ltd.
The approval of audited financial results, auditor appointment, and ESOP allotment are standard corporate actions. The merger of subsidiaries is a significant event, but its accounting treatment and impact are detailed within the results, suggesting a medium-term integration effect rather than immediate, drastic change.
The announcement contains routine financial results and operational updates, including auditor appointments and ESOP allotments. While the financial performance is presented, there are no significant positive or negative surprises that would strongly influence sentiment.
MosChip Technologies Limited announced the approval of its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors, in a meeting held on May 20, 2026, reviewed and approved the standalone and consolidated financial statements, including the Balance Sheet, Profit & Loss, Statement of Changes in Equity, and Cash Flows. The company also reported that the audit reports received were unmodified.
In addition to the financial results, the company appointed M/s Gokhale & Co. as its Internal Auditors for the financial year 2026-27. The Nomination & Remuneration Committee also approved the allotment of 85,604 equity shares to eligible employees under various stock option schemes.
The financial statements reflect a total income of ₹15,554.95 lakhs for the quarter ended March 31, 2026, and ₹59,062.84 lakhs for the full financial year. The net profit after tax for the quarter stood at ₹794.54 lakhs, while for the year it was ₹3,520.43 lakhs. The consolidated balance sheet shows total assets of ₹74,304.33 lakhs and total equity of ₹40,859.40 lakhs as of March 31, 2026.
The company also noted the National Company Law Tribunal's approval on March 25, 2026, for the amalgamation of its wholly-owned subsidiaries, Softnautics Inc. and Softnautics Private Limited, with Moschip Technologies Limited, effective April 4, 2025. Adjustments were made to prior period numbers to reflect this merger. Additionally, an exceptional item of ₹581.86 lakhs was recognized due to adjustments for the Labour Codes, impacting gratuity and leave liabilities.
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Moschip Technologies Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Moschip Technologies Limited. Read the original for the full detail.