Announced Fri, 14 Nov · 18:47 IST

With reference to the above captioned subject and pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you ....

Board & Shareholder Meetings View source PDF

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Awaiting price reaction for this filing.

AI summary

The Board of Directors of Mid India Industries Limited met on 14th November 2025 and approved the unaudited financial results for the second quarter and half year ended 30th September 2025. For H1 FY26, total income stood at Rs. 281.98 lakhs compared to Rs. 247.56 lakhs in H1 FY25, and the company reported a small net profit of Rs. 1.30 lakhs versus a net loss of Rs. 11.79 lakhs in the same period last year — a modest turnaround. However, Q2 FY26 alone slipped back to a small loss of Rs. 0.81 lakhs. The auditor (ATM & Associates) issued an unmodified limited review report. The company operates in a single segment — Trading Division. On the balance sheet, total assets rose to Rs. 250.96 lakhs (from Rs. 153.46 lakhs at March 2025), but equity remains deeply negative at Rs. (448.95) lakhs due to accumulated losses exceeding share capital, and trade payables climbed to Rs. 689.91 lakhs.

Likely market impact

The shift from loss to a marginal profit at the half-year stage is a small positive signal for shareholders, but the deeply negative net worth, rising trade payables, and quarterly volatility mean the company remains financially fragile. Investors should treat the improvement as tentative rather than a confirmed recovery, and watch for sustainability of earnings in upcoming quarters.