Results- For the Quarter and nine month ended on 31/12/2025
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Mid India Industries Ltd reported revenue from operations of ₹338.36 lakhs for Q3 FY26, up roughly 42% from ₹237.73 lakhs in the same quarter last year. For the nine months ended December 2025, revenue rose about 25% to ₹618.68 lakhs versus ₹494.74 lakhs a year ago. Despite the strong top-line growth, the company slipped back into a loss of ₹6.17 lakhs in Q3 (compared to a small profit of ₹4.06 lakhs YoY), though the 9-month loss narrowed to ₹4.87 lakhs from ₹7.51 lakhs. Equity reserves remain deeply negative at ₹(2,080.25) lakhs as of March 2025, indicating sizeable accumulated losses. The statutory auditors issued an unmodified limited review opinion, and note 3 confirms prior period figures have been re-grouped/re-cast where necessary.
Strong revenue growth is a positive sign, but persistent losses and deeply negative reserves raise concerns about long-term financial health; shareholders should watch whether the company can translate revenue momentum into sustainable profitability.