Mitcon Consultancy & Engineering Services' Q2 FY 2025-26 Quarterly Results

Result Summary

• Mitcon Consultancy & Engineering Services Ltd reported a 20.4% 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 4.3%.
• Its expenses for the quarter were up by 23.9% QoQ and 8.9% YoY.
• The net profit decreased 18.3% QoQ and decreased 35.9% YoY.
• The earnings per share (EPS) of Mitcon Consultancy & Engineering Services Ltd stood at 0.56 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

Mitcon Consultancy & Engineering Services Ltd operates in the consultancy and engineering sector, providing a range of services that may include project consultancy, engineering design, and technical services. The company is likely involved in assisting businesses with technical and engineering solutions, potentially across various industries. However, specific information about recent major developments or detailed product offerings of the company is not available in the provided data. The company's operations are likely influenced by industry trends, technological advancements, and market demands, but specific details are not provided here.

Revenue

In the second quarter of FY26, Mitcon Consultancy & Engineering Services Ltd reported a total income of ₹29.87 crores. This represented a quarter-over-quarter increase of 20.4% from ₹24.81 crores in Q1FY26, and a year-over-year increase of 4.3% from ₹28.63 crores in Q2FY25. The revenue growth on a quarterly basis indicates a significant increase in the company's income from the previous quarter, although the year-over-year growth was more moderate. Total income is a crucial metric as it reflects the company's ability to generate sales and other income-related activities within the given period.

Profitability

The company's profitability metrics for Q2FY26 show a profit before tax of ₹1.13 crores, which is a decrease of 30.2% compared to Q1FY26's ₹1.62 crores, and a decline of 49.3% from ₹2.23 crores in Q2FY25. The tax expenses for Q2FY26 were ₹0.25 crores, marking a decrease of 45.7% from the previous quarter and 69.9% from the same quarter last year. Profit after tax was ₹0.98 crores, down 18.3% from the previous quarter and 35.9% from the previous year. These figures indicate changes in the company's profitability across different periods, with a notable reduction both quarter-over-quarter and year-over-year.

Operating Metrics

Earnings per share (EPS) for Mitcon Consultancy & Engineering Services Ltd in Q2FY26 stood at ₹0.56, reflecting a decline of 16.4% from ₹0.67 in Q1FY26 and a drop of 45.6% from ₹1.03 in Q2FY25. This decrease in EPS is significant as it shows the earnings allocated to each outstanding share, which is a key indicator of financial performance for investors. Total expenses in Q2FY26 were ₹28.73 crores, up 23.9% from ₹23.19 crores in Q1FY26, and 8.9% higher than ₹26.39 crores in Q2FY25. The increase in expenses, along with changes in revenue, contributes to the overall profitability and financial health of the company during this period.