Summary of Key Information:
Reporting Period (Quarter/Year): Quarter Ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting and Submission of Unaudited Standalone and Consolidated Financial Results
Audit Opinion:
Clean (Unmodified) - The statutory auditors, J Singh & Associates, conducted a limited review and stated that nothing has come to their attention that causes them to believe the statements contain any material misstatement.
Key Financial Highlights [INR in lakhs]:
Standalone Results:
Revenue from Operations: ₹948.08 lakhs for Q1 FY27 (compared to ₹1,324.42 lakhs in Q1 FY26, representing a 28.4% YoY decline)
Total Income: ₹1,097.09 lakhs for Q1 FY27 (₹1,446.75 lakhs in Q1 FY26)
EBITDA: Not Specified
Net Profit: ₹63.06 lakhs for Q1 FY27 (₹101.68 lakhs in Q1 FY26, representing a 38.0% YoY decline)
EPS: Basic EPS of ₹0.36 for Q1 FY27 (₹0.70 in Q1 FY26); Diluted EPS of ₹0.36 for Q1 FY27 (₹0.57 in Q1 FY26)
Other Equity: Not Specified for current quarter
Cash and Cash Equivalents: Not Specified
Debt: Not Specified
Consolidated Results:
Revenue from Operations: ₹6,758.43 lakhs for Q1 FY27 (₹2,443.35 lakhs in Q1 FY26, representing a 176.6% YoY increase)
Total Income: ₹6,846.87 lakhs for Q1 FY27 (₹2,480.85 lakhs in Q1 FY26)
EBITDA: Not Specified
Net Profit: ₹274.90 lakhs for Q1 FY27 (₹119.60 lakhs in Q1 FY26, representing a 129.8% YoY increase)
Attribution: Profit attributable to owners of the company: ₹273.50 lakhs for Q1 FY27 (₹108.61 lakhs in Q1 FY26); Non-controlling interest: ₹1.40 lakhs for Q1 FY27 (₹10.99 lakhs in Q1 FY26)
EPS: Basic EPS of ₹1.58 for Q1 FY27 (₹0.82 in Q1 FY26)
Other Equity: ₹14,048.51 lakhs as of March 31, 2026
Cash and Cash Equivalents: Not Specified
Debt: Not Specified
Segment-wise Performance [INR in lakhs]:
Standalone Segment Revenue:
Consultancy and Training: ₹948.08 lakhs for Q1 FY27 (₹1,324.42 lakhs in Q1 FY26)
Project Service: ₹14.75 lakhs for Q1 FY27 (₹613.86 lakhs in Q1 FY26)
Wind Power Generation: ₹7.61 lakhs for Q1 FY27 (₹10.26 lakhs in Q1 FY26)
Less: Inter Segment Revenue: Not Specified
Standalone Segment Profit/(Loss) Before Tax and Interest:
Consultancy and Training: ₹11.87 lakhs for Q1 FY27 (₹48.04 lakhs in Q1 FY26)
Project Service: ₹1.01 lakhs for Q1 FY27 (₹43.39 lakhs in Q1 FY26)
Wind Power Generation: (₹1.92) lakhs for Q1 FY27 (₹3.04 lakhs in Q1 FY26)
Consolidated Segment Revenue:
Consultancy and Training: ₹6,758.43 lakhs for Q1 FY27 (₹2,443.35 lakhs in Q1 FY26)
Project Service: Not Specified
Wind/Solar Power Generation: ₹451.73 lakhs for Q1 FY27 (₹438.38 lakhs in Q1 FY26)
Less: Inter Segment Revenue: Not Specified
Consolidated Segment Profit/(Loss) Before Tax and Interest:
Consultancy and Training: ₹101.47 lakhs for Q1 FY27 (₹112.43 lakhs in Q1 FY26)
Project Service: ₹226.61 lakhs for Q1 FY27 (₹52.04 lakhs in Q1 FY26)
Wind/Solar Power Generation: ₹188.90 lakhs for Q1 FY27 (₹241.62 lakhs in Q1 FY26)
Corporate Actions:
Dividend declarations: Not Specified
Share split, bonus issue, buyback: Not Specified
Capital raising: Not Specified
Other Significant Information:
The Employee Stock Option Plan (ESOP) 2021 issued by the Company vested during the year/period and partly paid Right issue of Equity Shares have a potential dilutive effect on Earnings Per Share (EPS).
Figures for the quarter ended March 31, 2026 are balancing figures between audited full-year figures and published nine-month figures ended December 31, 2025.
Subsidiary updates:
- MITCON Sun Power Limited incorporated wholly-owned subsidiary MITCON Power Trading Ltd on June 19, 2026, with paid-up capital of ₹1 lakh.
- MITCON Credentia Trusteeship Services Limited incorporated two wholly-owned subsidiaries: MITCON CREDENTIA REPOSITORY SERVICES LIMITED (June 19, 2026, ₹50 lakhs paid-up) and MITCON CREDENTIA CORPORATE SUPPORT SERVICES LIMITED (July 9, 2026, ₹1 lakh paid-up).
- MITCON Sun Power Ltd sold 26% of its stakes in MITCON Solar Alliance Ltd to YAXIS Structural Steels Pvt Ltd (approved August 8, 2025), reducing its shareholding to 47.28%.
Wind power generation and solar/wind power generation businesses are subject to seasonal variations, making period-to-period comparisons less meaningful.