Key Events This Week
1 Jun 2026: Q4 FY26 results reveal a 70.97% profit plunge amid revenue contraction
2 Jun 2026: Mohite Industries downgraded to Strong Sell due to weak fundamentals and bearish technicals
5 Jun 2026: Week closes at Rs.2.35, down 3.29% for the week
Are Mohite Industries Ltd latest results good or bad?
2026-06-02 19:25:16The latest financial results for Mohite Industries Ltd for the quarter ending March 2026 reveal significant operational challenges. The company reported net sales of ₹30.25 crores, reflecting a quarter-on-quarter decline of 34.18%, which marks its weakest revenue performance in the trailing twelve months. This decline is indicative of deteriorating demand conditions in its core textile manufacturing operations, as revenues also fell 13.72% year-on-year from ₹35.06 crores in the same quarter of the previous fiscal year. In terms of profitability, Mohite Industries experienced a net profit of ₹0.36 crores, which represents a substantial quarter-on-quarter decline of 70.97%. Despite this, the operating profit margin (excluding other income) improved to 17.12%, up from 11.27% in the previous quarter, suggesting some level of cost management efficiency. However, the profit after tax margin compressed to 1.19%, ...
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