Mirza International's Q2 FY 2025-26 Quarterly Results

Result Summary

• Mirza International Ltd reported a 15.7% 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 decline of 18.2%.
• Its expenses for the quarter were up by 15.9% QoQ and down 16.7% YoY.
• The net profit decreased 87.9% QoQ and decreased 63.6% YoY.
• The earnings per share (EPS) of Mirza International Ltd stood at 0.16 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
Mirza International Ltd is known for its involvement in the leather and footwear industry. The company is recognized for manufacturing and exporting leather products, which include footwear, leather garments, and accessories. A significant portion of its business is derived from exports, particularly to European markets. Recent developments about the company are not available from the data provided. Therefore, any further details regarding new products, expansions, or strategic changes remain unspecified in the current context.

## Revenue
In the second quarter of fiscal year 2026, Mirza International Ltd reported a total income of ₹164.94 crores. This figure marks a quarter-over-quarter increase of 15.7% from the ₹142.58 crores reported in the first quarter of fiscal year 2026. However, on a year-over-year basis, total income decreased by 18.2% from ₹201.70 crores in the second quarter of fiscal year 2025. This suggests variability in revenue generation over the past year, with a notable decline when compared to the same quarter in the previous year.

## Profitability
The company's profitability, as indicated by the profit before tax, was ₹3.08 crores for Q2FY26, which represents a steep decline of 85.7% compared to the preceding quarter's ₹21.51 crores. Year-over-year, profit before tax decreased by 57.9% from ₹7.32 crores in Q2FY25. After accounting for taxes, the profit after tax stood at ₹2.15 crores, down 87.9% from the previous quarter and 63.6% from the same quarter last year. Earnings per share mirrored this trend, falling to ₹0.16 from ₹1.29 in Q1FY26 and ₹0.43 in Q2FY25. These figures reflect a significant reduction in profitability in both sequential and annual comparisons.

## Operating Metrics
Total expenses for Mirza International Ltd in Q2FY26 amounted to ₹161.86 crores, marking a 15.9% increase from ₹139.68 crores in Q1FY26. Compared to the second quarter of the previous fiscal year, expenses decreased by 16.7% from ₹194.38 crores. The tax expense in Q2FY26 was ₹0.93 crores, showing a reduction of 74.9% from the previous quarter and 34.5% from the same quarter last year. These operating metrics highlight significant changes in the company's expense management and tax obligations, contributing to overall financial performance in the quarter under review.