Key Financial Figures - Standalone (₹ in Lakhs)

Quarter Ended September 30, 2026:

  • Revenue from Operations: 2,830.52 (compared to 3,453.60 in Q2 FY26)
  • Other Income: (16.99)
  • Total Income: 2,813.54
  • Total Expenses: 2,957.20
  • Loss before exceptional items and tax: (143.66)
  • Exceptional Items: 78.40
  • Loss before tax: (65.26)
  • Deferred tax: (30.61)
  • Net Loss: (34.65)
  • Other Comprehensive Income: (226.13)
  • Total Comprehensive Income: (260.78)
  • Basic & Diluted EPS: (0.24)

Half Year Ended September 30, 2026:

  • Revenue from Operations: 5,313.81 (compared to 6,678.09 in H1 FY26)
  • Other Income: 94.99
  • Total Income: 5,408.80
  • Total Expenses: 5,625.52
  • Loss before exceptional items and tax: (216.72)
  • Exceptional Items: 124.57
  • Loss before tax: (92.15)
  • Deferred tax: (25.76)
  • Net Loss: (66.39)
  • Other Comprehensive Income: 28.88
  • Total Comprehensive Income: (37.51)
  • Basic & Diluted EPS: (0.47)

Key Financial Figures - Consolidated (₹ in Lakhs)

Quarter Ended September 30, 2026:

  • Net Loss: (37.02)
  • Share of Profit/(Loss) of Associates: (2.37)
  • Total Comprehensive Income: (2,057.05)
  • Basic & Diluted EPS: (0.26)

Half Year Ended September 30, 2026:

  • Net Loss: (66.18)
  • Share of Profit/(Loss) of Associates: 0.21
  • Total Comprehensive Income: 1,622.07
  • Basic & Diluted EPS: (0.47)

Auditor's Qualification

The statutory auditors, Rajendra Sharma & Associates, issued a qualified limited review report noting that the company has not provided for Post Employment Benefits and other long-term employee benefits under Defined Benefit Plans on an accrual basis, deviating from Ind AS 19. The benefits are provided as and when they become due for payment. As there is no actuarial report or basis of calculation available, the quantum of deviation cannot be ascertained. If Ind AS 19 had been followed, employee benefit expense would have increased and profit for the period would have reduced.

Board Response to Qualification

The board is of the opinion that the Provision for Post Employment Benefits and other long-term employee benefits should be determined based on actuarial valuation method and has decided to pay these benefits as and when they become due.

Operational Context

The company continues to face cost pressures due to rising raw material prices, elevated crude oil prices, and ongoing geopolitical conflicts.

Segment Information

The company has only one reportable segment - Textile - as per Ind AS 108, making segment-wise disclosures not applicable.

Associates Included

  • Mohit Overseas Limited (Associate Company) - 49.25%
  • Mohit Yarns Limited (Associate Company) - 49.48%

Capital Structure

Paid-up share capital remained unchanged at 1415.76 lakhs (Face Value of ₹10/share) across all periods presented.

Assets and Liabilities Position (Standalone)

As of September 30, 2026:

  • Total Assets: ₹7,784.01 lakhs (compared to ₹8,438.63 lakhs as of March 31, 2026)
  • Total Equity: ₹2,689.69 lakhs
  • Total Liabilities: ₹5,094.31 lakhs
  • Borrowings: Current ₹4,024.77 lakhs, Non-current ₹977.90 lakhs

Cash Flow (Standalone)

For half year ended September 30, 2026:

  • Net cash from operating activities: ₹564.43 lakhs
  • Net cash used in investment activities: ₹164.40 lakhs
  • Net cash from financing activities: (₹729.74) lakhs
  • Net decrease in cash: (₹0.91) lakhs