Mirza International Q1 FY27 Results: Net Loss of ₹4.1 Cr
Mirza International Ltd reported revenue from operations of ₹128.4 Cr (-9.6% YoY) and a net loss of ₹4.1 Cr for Q1 FY27.
- Key figure
- Net loss ₹4.1 Cr
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Mirza International Ltd reported revenue from operations of ₹128.4 Cr (-9.6% YoY) and a net loss of ₹4.1 Cr for Q1 FY27.
Mirza International Ltd announced the re-appointment of four directors and the new appointment of Mr. Aqeel Ahmad Khan as Whole-time Director.
Mirza International Limited held its 47th Annual General Meeting on August 1, 2026. The meeting concluded successfully with the adoption of financial statements and various director appointments.
Mirza International Ltd scheduled a board meeting for August 6, 2026. The board will consider the financial results for the quarter ended June 30, 2026.
ICRA has downgraded Mirza International's long-term rating to [ICRA]BBB+(Stable) and short-term rating to [ICRA]A2. The rating action covers total bank facilities worth Rs. 205 Crore.
Mirza International Ltd has issued notice for its 47th Annual General Meeting on August 1, 2026. The AGM notice includes the annual report for FY 2025‑26.
Mirza International appointed a new CFO, Executive Director, and auditors during its board meeting. Several directors were also re-appointed, ensuring leadership continuity and operational governance.
Mirza International announced major leadership changes including appointing Anil Kumar Mahipal as CFO. Re-appointments of key directors were also approved for three-year tenures effective 2026.
Mirza International Ltd reported revenue from operations of ₹102.6 Cr (-15.8% YoY) and a net loss of ₹13.2 Cr for Q4 FY26.
Mirza International Limited reported its audited financial results for the year ended March 31, 2026. The board approved consolidated revenue of ₹527.23 Crore and a loss.
Mirza International scheduled a board meeting on May 29, 2026, to approve fiscal year 2026 results. The meeting will cover audited standalone and consolidated financial performance.
Mirza International Limited has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report, prepared by M/s R & D Company Secretaries, confirms the company's compliance with SEBI regulations and statutory provisions. No material non-compliances or observations were reported during the review period.
Mirza International Limited disclosed that it does not meet the criteria for a 'Large Corporate' as of March 31, 2026. The company reported zero outstanding borrowings and carries a credit rating of ICRA A- (Stable). This regulatory filing confirms the company is not currently subject to mandatory debt market borrowing requirements.
Mr. V T Cherian has resigned as the Chief Financial Officer (CFO) of Mirza International Limited. The resignation was received on April 27, 2026, and will be effective from May 31, 2026. The company disclosed this cessation as per regulatory requirements for Key Managerial Personnel.
Mirza International Limited announced the resignation of Mr. V T Cherian from the position of Chief Financial Officer. His resignation is effective from the close of business hours on May 31, 2026. The company is in the process of identifying a successor for the KMP role.
Mirza International Limited has announced the resignation of Mr. V. T. Cherian as Chief Financial Officer and Key Managerial Personnel. His resignation is effective from the close of business hours on May 31, 2026. Mr. Cherian, who served the company for 34 years, cited his age as the reason for stepping down.
Mirza International Limited received NCLT Allahabad Bench approval for the amalgamation of its wholly-owned subsidiary, RTS Fashion Limited, with itself. The merger is effective from the appointed date of April 1, 2025. This internal restructuring aims to streamline operations and corporate structure without changing the ultimate beneficial ownership.
Mirza International Ltd's board has in-principally approved a restructuring to segregate its manufacturing, branded retail, and leather processing verticals into separate entities. The move aims to unlock value by creating distinct business units. Detailed terms and financial implications will be disclosed once finalized and approved by the Board.
Mirza International Limited has scheduled a Board Meeting on April 25, 2026. The directors will consider and take an in-principle decision regarding a proposed restructuring of the company's business through a Scheme of Arrangement. This meeting represents a key step in the company's potential corporate realignment strategy.
CRISIL Ratings has downgraded Mirza International Limited's long-term rating to 'CRISIL BBB+/Negative' from 'CRISIL A-/Negative' and short-term rating to 'CRISIL A2' from 'CRISIL A2+'. The revision affects bank loan facilities totaling ₹215 Crore, reflecting a cautious outlook on the company's credit profile.