Hindoostan Mills Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported a net loss of ₹12.11 lakhs from continuing operations for the quarter, compared to a loss of ₹74.41 lakhs in the previous year. For the half-year ended September 30, 2026, the net loss from continuing operations stood at ₹134.02 lakhs. The results were reviewed by the Audit Committee and approved by the Board of Directors.
Hindoostan Mills Announces Financial Results for Q2 FY27
Hindoostan Mills Limited has published its unaudited financial results for the quarter and half-year ended September 30, 2026. The company’s Board of Directors approved these results following a review by the Audit Committee. The financial statements include the financial performance from both continuing and discontinued operations.
Financial Performance – Continuing Operations
For the quarter ended September 30, 2026, Hindoostan Mills reported a net loss of ₹12.11 lakhs from continuing operations. This compares to a net loss of ₹58.26 lakhs for the same period in the previous year. Total revenue from operations for the quarter stood at ₹219.16 lakhs.
The net loss from continuing operations for the half-year ended September 30, 2026 was ₹134.02 lakhs. Total revenue from operations for the half-year reached ₹314.53 lakhs.
Discontinued Operations
The company also reported results from its discontinued textile operations. For the quarter ended September 30, 2026, a profit of ₹47.50 lakhs was recorded from discontinued operations, compared to a loss of ₹46.15 lakhs in the prior year period. For the half-year, a profit of ₹1.35 lakhs was reported from discontinued operations.
Overall Net Loss and Comprehensive Income
The overall net loss for the quarter ended September 30, 2026, considering both continuing and discontinued operations, was ₹74.41 lakhs. For the half-year ended September 30, 2026, the net loss amounted to ₹132.67 lakhs. Total comprehensive loss for the quarter was ₹74.68 lakhs, and for the half-year it was ₹132.94 lakhs.
Balance Sheet Highlights
As of September 30, 2026, the company’s total assets stood at ₹4,649.13 lakhs. Equity Share Capital remained stable at ₹166.45 lakhs, while Other Equity was ₹2,983.24 lakhs. Total liabilities were ₹1,500.01 lakhs.
Cash Flow Statement Summary
The cash flow from operating activities for the half-year ended September 30, 2026, resulted in a net inflow of ₹(610.65) lakhs. Investing activities used net cash of ₹561.83 lakhs, and financing activities used net cash of ₹31.05 lakhs. The net decrease in cash and cash equivalents for the period was ₹79.87 lakhs.
Source: BSE