Minal Industries Limited has announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company’s standalone results show a loss of ₹75.78 lakhs for the quarter ended September 30, 2026, compared to a loss of ₹33.01 lakhs in the same period last year. Consolidated results indicate a profit of ₹47.98 lakhs for the half-year ended September 30, 2026.
Financial Performance Overview
Minal Industries Limited has disclosed its unaudited financial results for the second quarter and the first half of the financial year 2026-27, ending on September 30, 2026. The company has presented both standalone and consolidated figures for revenue, expenses, profit, and comprehensive income.
Standalone Financial Highlights
For the quarter ended September 30, 2026, Minal Industries reported a loss of ₹75.78 lakhs. This compares to a loss of ₹33.01 lakhs for the corresponding quarter in the previous year. Revenue from operations for the standalone entity stood at ₹74.13 lakhs for the current quarter.
The standalone half-year results for the period ended September 30, 2026, showed a loss of ₹108.79 lakhs. For the same period last year, the loss was ₹26.17 lakhs.
Consolidated Financial Highlights
On a consolidated basis, Minal Industries reported a profit of ₹47.98 lakhs for the half-year ended September 30, 2026. This marks a significant improvement from a loss of ₹70.40 lakhs in the same period of the previous year. The consolidated revenue from operations for the half-year was ₹2,454.77 lakhs.
The consolidated results for the quarter ended September 30, 2026, show a profit of ₹45.66 lakhs, a considerable increase from a loss of ₹72.79 lakhs in the prior year’s quarter.
Balance Sheet and Cash Flow
The statement of assets and liabilities as of September 30, 2026, indicates total assets of ₹3,705.58 lakhs on a standalone basis and ₹9,326.66 lakhs on a consolidated basis. The company’s unaudited cash flow statement for the half-year ended September 30, 2026, reflects net cash generated from operating activities of ₹321.07 lakhs (standalone) and ₹321.19 lakhs (consolidated).
Auditor’s Review and Notes
The financial results have undergone a limited review by the statutory auditors and were approved by the Board of Directors. Key notes highlight the company’s preparation on a going concern basis despite accumulated losses and mention uncertainties regarding interest income from a subsidiary. Provisions for impairment in investments and loans to subsidiaries have also been noted.
Source: BSE
