Unaudited Financial Results for the Quarter and Half Year ended on 30th September, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mihika Industries reported a sharp drop in revenue for Q2 FY26 at ₹34.70 lakhs, down from ₹633.78 lakhs in Q2 FY25. Half-year revenue fell to ₹200.81 lakhs versus ₹641.78 lakhs in H1 FY25, a decline of roughly 69%. Net profit for Q2 was ₹4.34 lakhs (vs ₹43.60 lakhs) and ₹5.75 lakhs for H1 (vs ₹57.40 lakhs). The company operates in a single segment of agriculture product trading. Cash flow from operations turned sharply negative at -₹317.38 lakhs for H1 FY26 due to a build-up in inventories and loans/advances. The auditor flagged an emphasis of matter noting that trade receivables, trade payables, and loan balances are pending external confirmation and reconciliation.
Sharply lower revenue and profits alongside negative operating cash flow point to a significant slowdown in the trading business, which could weigh on the stock. The auditor's emphasis on pending verification of receivables and loans is a yellow flag for investors, even though the review report is otherwise unmodified.