Mittal Sections Limited has announced its unaudited financial results for the half year ended September 30, 2026. The Board of Directors approved these results during a meeting held on November 7, 2026. The company also provided the accompanying Limited Review Report from its statutory auditors, detailing the financial performance and position for the period.
Mittal Sections Limited Announces Unaudited Financial Results
Mittal Sections Limited has officially disclosed its unaudited financial results for the half year that concluded on September 30, 2026. The announcement follows a meeting of the company’s Board of Directors, which convened on November 7, 2026, to review and approve the financial statements.
Key Financial Highlights
The disclosed financial information includes the Statement of Assets and Liabilities as of September 30, 2026, and the Statement of Profit and Loss for the half-year period. Additionally, the Cash Flow Statement for the same period has been released. These unaudited results have been prepared in accordance with the applicable Accounting Standards, as prescribed under Section 133 of the Companies Act, 2013.
Auditor’s Limited Review
Accompanying the financial results is a Limited Review Report issued by the statutory auditors, Milind Nyati & Co. LLP. This report provides assurance on the financial statements, stating that based on their review, nothing has come to their attention that causes them to believe the statements are not prepared in accordance with the prescribed principles and do not contain any material misstatement. The review procedures included inquiries of company personnel and analytical procedures, offering moderate assurance compared to a full audit.
Financial Performance Snapshot
For the half-year ended September 30, 2026, Mittal Sections Limited reported a Profit Before Tax of ₹-273.90 Lakhs, compared to a Profit Before Tax of ₹330.37 Lakhs in the previous corresponding period. The total income for the period stood at ₹6,818.04 Lakhs, while total expenses amounted to ₹7,091.94 Lakhs. The company recorded a Profit/ (Loss) after Tax of ₹-197.70 Lakhs for the period.
In the Statement of Assets and Liabilities, the company’s total assets as of September 30, 2026, were ₹13,151.33 Lakhs, while total equity and liabilities stood at the same amount. The Statement of Assets and Liabilities for the year ended March 31, 2026 (Audited) showed total assets of ₹9,865.58 Lakhs.
The Cash Flow Statement indicates a Net cash from operating activities (A) of ₹-787.66 Lakhs for the half year ended September 30, 2026. Net cash from investing activities (B) was ₹-2445.00 Lakhs, and net cash from financing activities (C) was ₹3236.70 Lakhs. The net increase in cash and cash equivalents for the period was ₹4.04 Lakhs, bringing the total cash and cash equivalents at the end of the year to ₹262.71 Lakhs.
Corporate Information
The registered office of Mittal Sections Limited is located at 1, Sona Roopa Apartment, Opp. Lal Bunglow, C.G. Road, Navrangpura, Ahmedabad. The Chairman cum Managing Director is Ajaykumar Balwantrai Mittal (DIN: 01760444). The company’s CIN is L27109GJ2009PLC056527.
Source: BSE
