BSEMehai Technology LtdHighNeutral
Announced Sat, 14 Feb · 19:34 IST

The Board of directors of the company has considered and approved the Unaudited Standalone and Consolidated Financial results for the quarter ended as on 31st December 2025.

Revenue DeclineResults View source PDF

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Awaiting price reaction for this filing.

AI summary

Mehai Technology Limited's Board, in a meeting held on 14 February 2026, approved the unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025. On a consolidated basis, Q3 FY26 revenue from operations stood at Rs 2,230.90 lakhs versus Rs 2,199.83 lakhs in Q3 FY25 (marginal growth of ~1.4%), while net profit was Rs 193.67 lakhs against Rs 184.35 lakhs (~5% YoY growth). For the nine-month period, consolidated revenue declined about 12% YoY to Rs 5,507.48 lakhs from Rs 6,264.10 lakhs, but net profit rose roughly 14% to Rs 558.88 lakhs from Rs 488.63 lakhs, indicating better margins. The statutory auditor, M/s. Bijan Ghosh & Associates, issued an unqualified (clean) limited review report on both sets of results, with no qualifications or emphasis of matter.

Likely market impact

Mixed signal for shareholders: while Q3 shows stable revenue and modest profit growth, the 9-month revenue decline of ~12% is a concern. However, the profit growth alongside falling revenue suggests margin improvement, and a clean auditor opinion offers comfort. Short-term stock reaction is likely to be neutral pending clarity on whether the revenue slowdown is temporary.