Onida’s Parent MIRC Electronics Reports Wider Q4 Loss Amid Restructuring

Nikunj Parikh May 20, 2026 310 Views

MIRC Electronics Limited, maker of Onida appliances, posted consolidated revenue of ₹1.44 billion in Q4 FY26 but slipped into a net loss of ₹473.6 million. The results reflect restructuring costs, inventory write-downs, and exceptional items, even as the company strengthened liquidity through equity infusion and asset sales.