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Mohite Industries Ltd consolidated sales down 41.12% on year in Q2FY2026, net profit witnessed a sharp fall of 783.33%
14-Aug-2026, 07:35
Mohite Industries Ltd share price inched up 1.14% to Rs 2.66. The Company's net profit tumbled by 783.33% to Rs 2.46 crore, while revenue from operations plunged by 41.12% to Rs 17.81 crore in Q2FY26 over Q1FY26. The market capitalization of Other Textile Products industry group stocks on BSE stood at Rs 1.65 lakh crore, gaining 2.72%. It has slipped by 1.83% over last one week and climbed by 14.65% in last one month while the market capitalization of Mohite Industries Ltd has eased by 3.62% and 6.83% in the same period respectively. Profit before tax (PBT) of Mohite Industries Ltd stood at Rs 2.46 crore in Q2 FY26, jumping 143.56% year-on-year, and plunging by 256.69% quarter-on-quarter. EBITDA came in at Rs 2 crore, tanking 312.73% YoY and tumbling by 162.40% sequentially. Total expenses slumped by 22.47% to Rs 20.74 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 11.14 crore, registering a fall of 37.38% YoY, while employee benefits expense was at Rs 2.76 crore, tanking by 56.67% YoY. For the TTM ended FY26, revenue from operations soared by 33.40% to Rs 166.75 crore, while net profit jumped 126.81% to Rs 5.33 crore, compared to previous TTM. EBITDA jumped by 1460% to Rs 18.96 crore, and PBT witnessed a strong rise of 119.31% to Rs 5.68 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 32.4 crore in FY26, as against Rs 9.84 crore in FY25. Mohite Industries Ltd ticked higher by 3.50% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 3.05% during the same period.