Approved the Un-audited Standalone and Consolidated Financial Results along with Limited Review Report of Statutory Auditors for the quarter and half year ended on 30th September, 2025.
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Mohite Industries' board approved unaudited Q2/H1 FY26 results on November 14, 2025 with an unmodified auditor opinion from Shakirali S. Bojagar & Co. Standalone Q2 revenue rose to Rs 3,113.25 lakhs from Rs 2,227.05 lakhs in Q1, and standalone Q2 PAT swung to a profit of Rs 104.63 lakhs. However, standalone H1 FY26 slipped into a loss of Rs 52.41 lakhs versus a profit of Rs 95.38 lakhs in H1 FY25, with revenue falling about 28% year-on-year. Consolidated H1 PAT dropped sharply to Rs 202.76 lakhs from Rs 479.63 lakhs, a decline of roughly 58%. Segment-wise, the textiles business posted a steep loss of Rs 608.05 lakhs in Q2 standalone, while hydro power remained profitable at Rs 824.88 lakhs. The construction subsidiary (Solitaire Constructions) contributed Rs 2,612.70 lakhs to consolidated H1 revenue.
Shareholders should note weak textiles performance and a swing to standalone half-yearly loss, partly offset by strong hydro power earnings; consolidated profits nearly halved, suggesting near-term pressure on earnings despite the quarterly bounce-back.