MHRIL Q2 FY26 results: Revenue up, H1 profit dips on exceptional charges

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MHRIL · price

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Price reactionminutes from the announcement price · days from the prior close

-1.8%Reaction day

₹200.00

prior close

₹201.20

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.6%+0.9% vs market

Hotels & Resorts peers, median of 56sector-1.4%-0.4% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 0.4 pts less than its Hotels & Resorts peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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Reaction day

-1.8-2.6+0.9-1.4-0.4

Next day

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UpDownMarket · Nifty Microcap 250Sector · Hotels & Resorts peers, median of 56Pending

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AI summary

MHRIL reported Q2 FY26 standalone revenue of 35,430 lakhs (up 3% YoY) and consolidated revenue of 78,413 lakhs (up 9.3% YoY). Standalone Q2 PAT of 4,326 lakhs was down 16% YoY, but consolidated Q2 PAT rose 16% to 1,972 lakhs. H1 consolidated PAT fell 54% to 1,116 lakhs due to a 1,106 lakh exceptional charge for new Labour Codes retirement benefits and heavy losses at Finland unit HCRO. Auditor BSR flagged the ongoing NFRA review of segment reporting and revenue recognition but gave an unmodified opinion. No auditor change.

Likely market impact

Mixed quarter: topline grew but consolidated H1 profit nearly halved on exceptional Labour Codes charge and overseas losses. Watch HCRO Finland turnaround.