Mohit Industries' Q1 FY 2025-26 Quarterly Results

Result Summary

• Mohit Industries Ltd reported a 20.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 53.8%.
• Its expenses for the quarter were up by 23.0% QoQ and 53.5% YoY.
• The net profit decreased 430.8% QoQ and increased 4.9% YoY.
• The earnings per share (EPS) of Mohit Industries Ltd declined at 0.3 during Q1 FY 2025-26.

Financial Statments for Q1 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

Mohit Industries Ltd is a company whose primary business activities involve the production and distribution of textiles. This company operates within the textile industry, which is known for its cyclical nature and sensitivity to raw material costs and market demand fluctuations. Currently, there are no specific recent major developments available for Mohit Industries Ltd. The company's performance is largely influenced by market trends, raw material prices, and consumer demand within the textile industry. Without further detailed information, it is not possible to provide insights into any strategic changes or expansions that Mohit Industries Ltd might be undertaking.

Revenue

In Q1FY26, Mohit Industries Ltd reported a total income of ₹32.74 crores. This marks a significant quarter-over-quarter (QoQ) increase of 20.2% compared to ₹27.23 crores in Q4FY25. Additionally, there is a substantial year-over-year (YoY) growth of 53.8% from the ₹21.29 crores recorded in Q1FY25. This growth in total income reflects an overall positive trajectory in the company's revenue generation over both the previous quarter and the same quarter last year. The increase in revenue could be attributed to higher sales volume, price adjustments, or expanded market reach, although specific factors influencing this growth are not detailed in the provided data.

Profitability

The profitability metrics for Mohit Industries Ltd in Q1FY26 highlight some challenges. The Profit Before Tax (PBT) was recorded at a negative ₹0.58 crores, marking a decrease from the positive ₹0.14 crores in Q4FY25, resulting in a QoQ change of -514.3%. When compared to Q1FY25's PBT of -₹0.43 crores, the YoY change is an increase of 34.9%. The Profit After Tax (PAT) follows a similar trend, with Q1FY26 showing a loss of ₹0.43 crores compared to a profit of ₹0.13 crores in Q4FY25, indicating a QoQ change of -430.8%. The YoY comparison shows a slight increase of 4.9% from -₹0.41 crores in Q1FY25. The Earnings Per Share (EPS) remained constant on a YoY basis at -₹0.30, with significant deterioration from ₹0.10 in Q4FY25 to -₹0.30 in Q1FY26. This data illustrates a period of reduced profitability despite increased revenue.

Operating Metrics

The total expenses for Mohit Industries Ltd in Q1FY26 were ₹33.33 crores, marking a QoQ increase of 23.0% from Q4FY25's ₹27.10 crores and a YoY increase of 53.5% from ₹21.72 crores in Q1FY25. This rise in expenses is proportionate to the increase in total income, suggesting higher operational or production costs. The negative profit figures could be attributed to these heightened expenses, which have outpaced the revenue growth. This imbalance between income and expenses is reflected in the company's current profitability metrics. Key financial ratios such as the P/E ratio, debt-to-equity ratio, and current ratio are not provided in the data, thus a detailed analysis of these metrics is not possible. However, the available data indicates a challenging quarter in terms of operational efficiency.