Mehul Colours Limited has announced its unaudited financial results for the half-year ended September 30, 2026. The company reported a net profit of ₹158.32 crore for the period. This announcement also includes the approval of the unaudited financial results and the adoption of the statement of utilization of IPO proceeds.
Mehul Colours Announces Half-Year Financial Results
Mehul Colours Limited has officially disclosed its unaudited financial results for the half-year period concluding on September 30, 2026. The Board of Directors, in their meeting held on November 7, 2026, reviewed and approved these results, alongside the limited review report from Statutory Auditors YMS & Co. LLP.
Financial Performance Highlights
For the half-year ended September 30, 2026, the company posted a net profit of ₹158.32 crore. This figure represents the profit from continuing operations. The total income for the period amounted to ₹1,745.20 lakh, with revenue from operations standing at ₹1,699.64 lakh. Total expenses incurred were ₹1,510.86 lakh.
Statement of IPO Proceeds Utilization
In line with regulatory requirements, the Board also adopted the Statement of Utilization of Issue Proceeds from the Initial Public Offering (IPO). This statement, prepared in accordance with Regulation 32 of SEBI LODR, covers the period up to September 30, 2026. The auditors’ certificate confirms the manner of utilization of these funds.
Key Financial Data (INR in Lakhs)
Statement of Unaudited Standalone Financial Results for the Half Year Ended 30 September, 2026
Revenue and Income
- Revenue from operations: 1,699.64
- Net Sales or Revenue from Operations: 1,699.64
- Other Income: 45.55
- Total income: 1,745.20
Expenses
- Cost of Material Consumed: 1,181.11
- Employee Benefits Expenses: 109.53
- Finance costs: 8.61
- Depreciation, depletion and amortization expense: 37.57
- Other expenses: 175.63
- Total expenses: 1,510.86
Profitability
- Total Profit before exceptional items and tax: 234.34
- Total Profit before tax: 234.34
- Tax expense: 76.02
- Net Profit/Loss for the period from continuing operations: 158.32
Balance Sheet as at September 30, 2026
Equity and Liabilities
- Share capital: 1,054.90
- Reserves and surplus: 3,230.21
- Total Equity and Liabilities: 4,954.90
Assets
- Non-current assets: 2,492.87
- Current assets: 2,462.03
- Total Assets: 4,954.90
Standalone Statement of Cash Flows for the Half Year Ended September 30, 2026
- Profit before tax: 234.34
- Net cash inflow/(outflow) from operating activities: 508.46
- Net cash inflow/(outflow) from investing activities: (1,176.20)
- Net cash inflow/ (outflow) from financing activities: 73.47
- Net increase/(decrease) in cash and cash equivalents: (594.27)
- Cash and cash equivalents at end of the year: 838.78
Source: BSE
