BSEMohite Industries LtdHighNeutral
Announced Fri, 14 Nov · 18:09 IST

Approved the Unaudited Financials Results along with Limited Review Report of Statutory Auditors for the quarter Ended on 30th September, 2025

Revenue DeclinePat NegativeEbitda Margin CompressionResults View source PDF

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AI summary

Mohite Industries' Board approved its Q2 FY26 and H1 FY26 results with an unmodified auditor opinion. On a standalone basis, H1 revenue fell to Rs 5,340.30 lakhs from Rs 7,450.77 lakhs last year, a drop of about 28%, and the company slipped into a loss of Rs 52.41 lakhs versus a profit of Rs 95.38 lakhs earlier. Q2 standalone, however, swung to a profit of Rs 104.63 lakhs from Rs 56.68 lakhs, an improvement of roughly 85%. On a consolidated basis (including subsidiary Solitaire Constructions), H1 revenue declined to Rs 7,953 lakhs and profit fell to Rs 202.76 lakhs from Rs 479.63 lakhs. The textiles segment continued to bleed with a loss of Rs 595.56 lakhs, while the hydro power segment grew profits to Rs 873.65 lakhs. Operating cash flow remained positive at Rs 602 lakhs standalone and Rs 420 lakhs consolidated.

Likely market impact

Mixed for shareholders: the standalone half-year turned loss-making with weaker textiles dragging down overall performance, but hydro power is profitable and Q2 showed a sharp recovery. Investors should watch whether the textiles turnaround materialises in the second half, as consolidated earnings have also weakened.