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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.

Mohite Industries has adjourned the Extra-ordinary General Meeting of the company which was scheduled to be held on 8 June 2026. The meeting will now be held on 15 June 2026.

Net profit of Mohite Industries reported to Rs 0.36 crore in the quarter ended March 2026 as against net loss of Rs 0.48 crore during the previous quarter ended March 2025. Sales declined 13.72% to Rs 30.25 crore in the quarter ended March 2026 as against Rs 35.06 crore during the previous quarter ended March 2025.For the full year,net profit declined 32.08% to Rs 3.62 crore in the year ended March 2026 as against Rs 5.33 crore during the previous year ended March 2025. Sales declined 8.04% to Rs 153.34 crore in the year ended March 2026 as against Rs 166.75 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales30.2535.06 -14 153.34166.75 -8 OPM %17.129.47 -10.9513.53 - PBDT3.241.04 212 10.8412.39 -13 PBT1.57-0.13 LP 4.835.68 -15 NP0.36-0.48 LP 3.625.33 -32 Powered by Capital Market - Live News

Mohite Industries will hold a meeting of the Board of Directors of the Company on 30 May 2026.

Mohite Industries announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 8 June 2026.