Mohit Industries' Q2 FY 2025-26 Quarterly Results

Result Summary

• Mohit Industries Ltd reported a 5.3% 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 29.7%.
• Its expenses for the quarter were up by 4.1% QoQ and 24.8% YoY.
• The net profit decreased 67.4% QoQ and decreased 86.3% YoY.
• The earnings per share (EPS) of Mohit Industries Ltd declined at 0.1 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

Mohit Industries Ltd is a company with operations in the textile industry. The company's primary products include yarn and fabrics, which are essential components in the textile manufacturing process. Mohit Industries Ltd serves a variety of sectors within the textile market, offering materials that are integral to the production of garments and other textile goods. As of the most recent updates, no major developments or strategic shifts have been reported for the company. This analysis will focus on the financial performance of Mohit Industries Ltd, based solely on the provided financial data for Q2FY26, Q1FY26, and Q2FY25.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Mohit Industries Ltd reported a total income of ₹34.49 crores. This marks a 5.3% increase from the previous quarter (Q1FY26), where the total income was ₹32.74 crores. Compared to the same quarter in the previous fiscal year (Q2FY25), the total income rose by 29.7% from ₹26.60 crores. This growth in revenue on both a quarter-over-quarter (QoQ) and year-over-year (YoY) basis indicates a positive trend in the company’s revenue generation over the analyzed periods.

Profitability

The profitability of Mohit Industries Ltd during Q2FY26 shows an improvement compared to both the previous quarter and the same quarter last year. The company recorded a loss before tax of ₹-0.20 crores in Q2FY26, an improvement from ₹-0.58 crores in Q1FY26, representing a 65.5% reduction in losses QoQ. Compared to Q2FY25, where the loss before tax was ₹-1.20 crores, there was an 83.3% reduction in losses YoY. The profit after tax for Q2FY26 was ₹-0.14 crores, an enhancement from ₹-0.43 crores in Q1FY26 (67.4% improvement) and ₹-1.02 crores in Q2FY25 (86.3% improvement). Earnings per share also improved from ₹-0.30 in Q1FY26 to ₹-0.10 in Q2FY26, and from ₹-0.72 in Q2FY25, reflecting the overall improvement in profitability metrics.

Operating Metrics

The total expenses for Mohit Industries Ltd in Q2FY26 were ₹34.69 crores, up by 4.1% from ₹33.33 crores in Q1FY26. On a YoY basis, total expenses increased by 24.8% from ₹27.80 crores in Q2FY25. Despite the increase in expenses, the company managed to improve its financial performance, as seen in the reduction of losses. The tax expense also decreased from ₹-0.15 crores in Q1FY26 to ₹-0.05 crores in Q2FY26, a 66.7% reduction QoQ, and from ₹-0.18 crores in Q2FY25, a 72.2% reduction YoY. These metrics highlight the company's ability to manage its cost structure effectively, contributing to the improved profitability despite rising expenses.