Mohit Industries narrows operating loss but remains in the red
Revenue momentum improved sequentially, but lower other income and a higher tax rate pushed the consolidated net loss wider.
Filed 02 Nov 2026, 18:07 IST · after market close · Mohit Industries Ltd (MOHITIND)
Key takeaways
- Consolidated revenue rose 14.02% QoQ while expenses grew 12.27%, narrowing the operating loss to Rs 0.24 cr.
- Net loss widened to Rs 0.37 cr as other income fell 63.35% QoQ and the tax rate moved up 65.18 percentage points.
- Mohit Industries’ operating margin of -0.84% was 13.58 percentage points below the 12.74% median for 153 Consumer Discretionary peers.
Price around the results
Revenue growth outpaced cost growth
Consolidated revenue increased 14.02% QoQ to Rs 28.31 cr, while expenses rose 12.27% to Rs 28.54 cr. Since costs grew more slowly than revenue, operating margin improved by 1.51 percentage points to -0.84%, narrowing the operating loss from Rs 0.58 cr to Rs 0.24 cr.
Lower other income outweighed the interest saving
Interest expense fell 27.37% QoQ to Rs 0.69 cr, but other income declined 63.35% to Rs 0.59 cr. With other income representing -86.76% of profit before tax, the company remained loss-making at the pre-tax level, with PBT moving from a loss of Rs 0.24 cr to Rs 0.68 cr. The tax rate also increased by 65.18 percentage points to 45.25%, contributing to the wider net loss.
Margin recovered but remained well below peers
Operating margin had fallen from 1.04% in Q1FY26 to -2.35% in Q1FY27 before recovering to -0.84% in Q2FY27. The latest margin was 13.58 percentage points below the 12.74% median among 153 Consumer Discretionary companies that had reported the quarter, placing Mohit Industries 11th from the bottom.
Results were filed after market close
The company filed these consolidated results after market close on 02 Nov 2026. The available information does not include a post-results stock reaction or a comparison with the stock’s earlier results-day moves.
Q2FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 | Q1FY27 | QoQ |
|---|---|---|---|
| Revenue | ₹28 cr | ₹25 cr | +14.02% |
| Other income | ₹1 cr | ₹2 cr | -63.35% |
| Expenses | ₹29 cr | ₹25 cr | +12.27% |
| Operating profit | ₹-0 cr | ₹-1 cr | +58.62% |
| Operating margin (%) | -0.84% | -2.35% | — |
| Interest | ₹1 cr | ₹1 cr | -27.37% |
| Depreciation | ₹0 cr | ₹0 cr | +6.25% |
| Profit before tax | ₹-1 cr | ₹-0 cr | -183.33% |
| Tax | ₹-0 cr | ₹0 cr | — |
| Net profit | ₹-0 cr | ₹-0 cr | -27.59% |
| EPS (₹) | ₹-0.26 | ₹-0.21 | -23.81% |
Operating margin of -0.84% compares with a Consumer Discretionary sector median of 12.74% across 153 peers that have reported Q2FY27.
What to watch
- Whether operating margin moves above -0.84% next quarter.
- Whether other income remains close to Rs 0.59 cr or recovers from its 63.35% QoQ decline.
- Whether the tax rate falls from 45.25% while the company remains loss-making.