Mukta Agriculture Q2 FY27 results: net profit ₹0.08 crore vs ₹0.01 crore

How did Mukta Agriculture perform in Q2 FY27?

Mukta Agriculture reported standalone revenue of ₹0 crore for Q2 FY27, unchanged from Q2 FY26 and Q1 FY27. Total income was ₹0.16 crore, up ₹0.09 crore or 128.6% from the year-ago quarter, but unchanged from Q1 FY27. The reported EBITDA figure was ₹0.09 crore, compared with ₹0.07 crore in Q2 FY26 and ₹0.08 crore in Q1 FY27; no EBITDA margin was reported.

Profit before tax was ₹0.08 crore, up ₹0.07 crore or 700.0% from Q2 FY26, while it was down ₹0.01 crore or 11.1% from Q1 FY27. Net profit was also ₹0.08 crore, against ₹0.01 crore a year earlier and ₹0.09 crore in the previous quarter. Basic EPS was ₹0.03, compared with ₹0.0 in Q2 FY26 and ₹0.04 in Q1 FY27. The figures presented are standalone.

What changed in Mukta Agriculture's costs and profit?

Other income rose by ₹0.09 crore, or 128.6%, to ₹0.16 crore from ₹0.07 crore in Q2 FY26. Total expenses increased by ₹0.02 crore, or 28.6%, to ₹0.09 crore, including employee cost of ₹0.06 crore, up ₹0.01 crore or 20.0%, and other expenses of ₹0.03 crore, up ₹0.01 crore or 50.0%. Finance costs, depreciation and cost of materials were unchanged at ₹0 crore, and there was no exceptional item.

Tax was unchanged at ₹0 crore. The filing states the results and provides a limited review report, but does not explain the reasons for the changes in other income or expenses. From Q1 FY27, total expenses rose by ₹0.01 crore or 12.5%, while other income and employee cost were unchanged. The reported EBITDA figure was ₹0.09 crore in Q2 FY27 against ₹0.08 crore in Q1 FY27.

How did the first half of FY27 go?

For H1 FY27, standalone revenue was unchanged at ₹0 crore from H1 FY26. Total income increased by ₹0.26 crore, or 371.4%, to ₹0.33 crore from ₹0.07 crore. Profit before tax and PAT each turned to ₹0.16 crore from a loss of ₹0.10 crore, an improvement of ₹0.26 crore.

Basic EPS for the first half was ₹0.07, compared with a loss of ₹0.05 in H1 FY26, an improvement of ₹0.12. The board approved the un-audited quarter and half-year financial results for the period ended 30 September 2026, following review and recommendation by the audit committee.

What do the balance sheet and cash flow show?

At 30 September 2026, total assets were ₹22.61 crore, against ₹22.43 crore at 31 March 2026, while total equity was ₹22.58 crore against ₹22.41 crore. Borrowings and cash were unchanged at ₹0 crore and ₹0.02 crore, respectively. Trade payables were ₹0.03 crore against ₹0.02 crore at the previous balance-sheet date.

For H1 FY27, operating cash flow was negative ₹0.33 crore, compared with negative ₹6.81 crore in H1 FY26. Investing cash flow was ₹0.33 crore against ₹6.82 crore, while financing cash flow and capital expenditure were unchanged at ₹0 crore. No closing cash figure was provided in the cash-flow data.

How has Mukta Agriculture done over the last 8 quarters?

The available quarterly trend shows revenue at ₹0 crore throughout the eight quarters from Q3 FY25 to Q2 FY27, so no revenue peak or trough could be identified. PAT bottomed at negative ₹0.42 crore in Q3 FY25 and later peaked at ₹0.29 crore in Q4 FY26. It was ₹0.09 crore in Q1 FY27 and ₹0.08 crore in Q2 FY27. No EBITDA margin figures were available for the trend, so the margin direction cannot be assessed.

How did Mukta Agriculture shares react?

Mukta Agriculture’s stock did not move in the first 5, 15 or 30 minutes after the after-market filing. It closed 4.9% higher on the reaction day from the pre-results close of ₹5.51. By the next day’s close, it was 10.0% higher from that close, and by the fifth session it was 30.7% higher. The Trading & Distributors industry median was unchanged on the reaction day and next day, but fell 2.7% over five days, leaving Mukta Agriculture ahead by 33.4 percentage points over that period.

Earlier reaction-day moves were mixed: the stock rose 2.5% on 28 July 2026, fell 2.5% on 15 May 2026 and was unchanged on 10 February 2026. It rose 4.7% on 14 November 2025 and 7.2% on 31 July 2025, while the remaining listed reactions were falls of 0.3% on 27 May 2025 and 4.6% on 14 August 2024, and a rise of 4.1% on 23 May 2024.

How did other Trading & Distributors companies do?

Among 25 other Trading & Distributors companies that filed for the quarter, the median revenue growth was 46.8%. Mukta Agriculture reported unchanged revenue, so the available data did not identify any peers as growing slower or faster than the company in the supplied fields. Of 36 peers for which profit was compared, 20 reported higher profit.