MIC Electronics' Q2 FY 2025-26 Quarterly Results

Result Summary

• MIC Electronics Ltd reported a 227.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 38.8%.
• Its expenses for the quarter were up by 259.6% QoQ and 41.8% YoY.
• The net profit increased 29.9% QoQ and increased 1.9% YoY.
• The earnings per share (EPS) of MIC Electronics Ltd stood at 0.09 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

MIC Electronics Ltd is a company primarily engaged in the design, development, and manufacturing of electronic products. The company is known for its innovative solutions in the electronics sector, particularly in the LED lighting and display segment. It operates within the broader electronics industry, which is characterized by rapid technological advancements and dynamic market demands. As of the latest update, there are no specific recent major developments publicly available for MIC Electronics Ltd. The company’s focus remains on enhancing its product offerings and leveraging technological advancements to meet customer requirements.

Revenue

For the second quarter of the fiscal year 2026 (Q2FY26), MIC Electronics Ltd reported a total income of ₹38.42 crores. This marks a significant increase from the previous quarter (Q1FY26), where the total income was ₹11.75 crores, representing a quarter-over-quarter (QoQ) growth of 227.0%. Comparatively, the total income for the same quarter in the previous fiscal year (Q2FY25) was ₹27.68 crores, indicating a year-over-year (YoY) increase of 38.8%. This financial performance highlights a notable rise in revenue generation for the company over both the quarter and the year.

Profitability

The profit before tax for MIC Electronics Ltd in Q2FY26 was reported at ₹2.17 crores, up from ₹1.67 crores in Q1FY26, reflecting a QoQ increase of 29.9%. When compared to Q2FY25, where the profit before tax was ₹2.13 crores, the YoY growth is recorded at 1.9%. The profit after tax remained consistent with the profit before tax due to the absence of tax expenses, resulting in a profit after tax of ₹2.17 crores in Q2FY26. Earnings per share (EPS) for Q2FY26 stood at ₹0.09, demonstrating a QoQ increase of 28.6% from ₹0.07 in Q1FY26, while remaining unchanged YoY from ₹0.09 in Q2FY25.

Operating Metrics

Total expenses for MIC Electronics Ltd in Q2FY26 were ₹36.25 crores, which marks a substantial rise from ₹10.08 crores in Q1FY26, translating to a QoQ increase of 259.6%. Compared to the previous fiscal year’s second quarter (Q2FY25), where the total expenses were ₹25.56 crores, there is a YoY increase of 41.8%. This data suggests a significant rise in operational costs over both the quarter and the year. Despite the increase in expenses, the company achieved a positive profit margin, maintaining profitability. There are no available data points for additional financial ratios such as the P/E ratio, debt-to-equity ratio, or current ratio, which could further elaborate on the company's financial health.