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MIC Electronics has initiated the development of IPIS v2.0 for Indian Railways, and the project is progressing as per plan. The product architecture has been successfully established, with dedicated teams working in parallel across hardware, firmware, and Network Management System (NMS) application software development.The program has achieved meaningful progress across all major development areas and is currently on track toward product realization and delivery. The Company`s focused engineering approach and coordinated team efforts are enabling steady development with a clear roadmap toward successful deployment of the solution.

MIC Electronics has received a Letter of Acceptance from Chhattisgarh Environment Conservation Board, Nava Raipur, Atal Nagar, for Design, Supply, Installation & Maintenance of Lab Furniture for central environmental laboratory in Nava Raipur, Atal Nagar, Raipur for an amount of Rs. 3.78 crore.

Net loss of MIC Electronics reported to Rs 18.35 crore in the quarter ended March 2026 as against net profit of Rs 3.57 crore during the previous quarter ended March 2025. Sales rose 13.24% to Rs 50.79 crore in the quarter ended March 2026 as against Rs 44.85 crore during the previous quarter ended March 2025.For the full year,net loss reported to Rs 12.63 crore in the year ended March 2026 as against net profit of Rs 9.83 crore during the previous year ended March 2025. Sales rose 101.06% to Rs 190.52 crore in the year ended March 2026 as against Rs 94.76 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales50.7944.85 13 190.5294.76 101 OPM %26.2818.64 -13.2519.04 - PBDT11.887.25 64 20.3614.67 39 PBT10.976.81 61 16.6813.07 28 NP-18.353.57 PL -12.639.83 PL Powered by Capital Market - Live News

MIC Electronics will hold a meeting of the Board of Directors of the Company on 25 April 2026.

MIC Electronics has received a Letter of Acceptance from the Signal and Telecommunication (S&T) department of the Nagpur Division, Central Railway (CR) Zone of Indian Railways, for supply, installation, testing & commissioning telecom assets/ passenger amenities IPIS at Wardha station of Nagpur division, for an amount of Rs. 1,12,14,148.93. Further, the Company has received a LOA variation order from Salem Division, Southern Railway (SR) Zone of Indian Railways, for Provision of Passenger Information System in connection with Amrit Bharat Scheme at Tirupattur, Samalpatti, Morappur, Bommidi, Salem stations and CAMC for a period of five years of Salem Division, for an amount of Rs. 1,09,45,604.