Mahindra EPC Irrigation's Q2 FY 2025-26 Quarterly Results

Result Summary

• Mahindra EPC Irrigation Ltd reported a 18.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 0.5%.
• Its expenses for the quarter were down by 18.1% QoQ and 8.4% YoY.
• The net profit decreased 56.1% QoQ and decreased 115.6% YoY.
• The earnings per share (EPS) of Mahindra EPC Irrigation Ltd stood at 0.15 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Mahindra EPC Irrigation Ltd is a company primarily involved in the irrigation industry, focusing on providing efficient and sustainable solutions for agricultural irrigation. The company is part of the larger Mahindra Group, which is known for its diverse portfolio including automotive, agribusiness, and information technology sectors. Mahindra EPC Irrigation Ltd specializes in products and services related to micro-irrigation systems, which are designed to enhance water use efficiency and improve agricultural productivity. The company caters to both domestic and international markets, offering a range of products such as drip and sprinkler irrigation systems. As of the latest updates, there are no specific major developments available about the company.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Mahindra EPC Irrigation Ltd reported a total income of ₹50.40 crores. This represents a decrease of 18.9% from the previous quarter (Q1FY26), where the total income was ₹62.17 crores. Compared to the same quarter in the previous fiscal year (Q2FY25), the total income decreased slightly by 0.5%. These figures indicate a notable decline in revenue on a quarter-over-quarter basis, while the year-over-year change is relatively stable, showing minimal variation in revenue performance compared to the past year.

Profitability

For Q2FY26, the company recorded a Profit Before Tax (PBT) of ₹0.58 crores, which is a significant decline of 55.7% from the previous quarter's PBT of ₹1.31 crores. Compared to Q2FY25, where the company had a loss before tax of ₹3.71 crores, the PBT for Q2FY26 shows an improvement. Tax expenses for Q2FY26 amounted to ₹0.15 crores, down by 54.5% from ₹0.33 crores in Q1FY26. The Profit After Tax (PAT) for Q2FY26 was ₹0.43 crores, marking a decrease of 56.1% from the previous quarter. However, this is a positive shift from the loss recorded in Q2FY25 of ₹2.76 crores. The earnings per share (EPS) for Q2FY26 stood at ₹0.15, down from ₹0.35 in Q1FY26, yet an improvement from the negative ₹0.99 in Q2FY25.

Operating Metrics

The total expenses for Mahindra EPC Irrigation Ltd in Q2FY26 were ₹49.82 crores, a reduction of 18.1% from Q1FY26, where expenses were ₹60.86 crores. When compared to Q2FY25, total expenses decreased by 8.4%. This indicates a reduction in operating costs both on a quarterly and yearly basis. The company's efforts to manage expenses have contributed to this decrease. Although the profit margins have seen a decline quarter-over-quarter, the company has managed to improve its financial standing compared to the previous year, moving from a loss to profitability. The financial metrics reflect a focus on cost management and improved efficiency in the company's operations.