The Board of Directors and Members of audit committee appvoved the Financial results
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Mahalaxmi Fabric Mills reported its Q2 FY26 results on November 12, 2025, with a clean (unqualified) review report from auditor Jain Chowdhary & Co. On a standalone basis, revenue from operations fell to Rs. 1,297.88 lakhs (down ~27.5% from Rs. 1,791.14 lakhs in Q2 FY25), and the company posted a loss after tax of Rs. 504.13 lakhs versus Rs. 112.52 lakhs a year ago. For H1 FY26, standalone loss widened to Rs. 616.65 lakhs vs Rs. 89.07 lakhs, hit by a Rs. 444.11 lakh exceptional charge related to the final settlement of the November 2024 factory fire insurance claim for fixed assets. Consolidated numbers softened too, with H1 PAT slipping to a loss of Rs. 81.79 lakhs versus a profit of Rs. 175.02 lakhs, though the wholly-owned subsidiary Mahalaxmi Exports (MEPL) contributed Rs. 4118.57 lakhs of revenue and Rs. 534.87 lakhs of profit for the quarter.
Shareholders should brace for continued near-term weakness as the standalone entity digests the fire-related insurance settlement and rebuilds production capacity, while subsidiary earnings partly cushion the group-level performance. Recovery prospects hinge on the timely restart of factory operations, which the company says is already underway.