Mohit Industries Limited has informed the Exchange regarding revision in Limited Review Report for consolidated results of June 30, 2025
MOHITIND · price
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Mohit Industries Limited has resubmitted the Limited Review Report for its consolidated Q1FY26 results, following a format-related query from BSE dated September 17, 2025. The underlying financial numbers remain unchanged from those originally filed on August 12, 2025. For Q1FY26, standalone revenue from operations rose to ₹3,224.49 lakhs from ₹2,117.56 lakhs in Q1FY25, a jump of about 52% year-on-year, while the company continued to post a loss before tax of ₹(57.75) lakhs and a net loss of ₹(43.22) lakhs, slightly wider than the ₹(40.32) lakhs loss a year ago. The auditor, Rajendra Sharma & Associates, has flagged a qualification in the limited review: the company has not provided for post-employment and other long-term defined-benefit employee benefits on an accrual basis, which deviates from Ind AS 19, and the exact quantum of deviation could not be determined. The Board has responded that the liability is negligible and will be paid as and when due.
The revision is administrative and does not change any reported numbers, so no immediate impact on shareholder value. However, the auditor's qualification on employee benefit provisioning under Ind AS 19 and the widening quarterly loss are minor negative signals worth tracking. The strong revenue growth is a positive, but profitability remains elusive.