Mittal Sections Limited has announced its unaudited financial results for the half year ended September 30, 2026. The company reported a total income of ₹68.18 crore and a profit after tax of ₹23.37 crore for the period. This marks a shift from the previous year’s profit. The statement also provides a detailed breakdown of the company’s assets and liabilities as of September 30, 2026, compared to March 31, 2026.
Mittal Sections Limited Announces Half-Year Financial Results
Mittal Sections Limited has officially disclosed its unaudited financial results for the half year that concluded on September 30, 2026. The company’s Board of Directors approved these results in a meeting held on November 7, 2026. The announcement includes the statement of assets and liabilities and the cash flow statement for the period.
Financial Performance Highlights
For the half year ended September 30, 2026, Mittal Sections Limited reported a total income of ₹68.18 crore. The profit before tax for the period stood at ₹33.04 crore. After accounting for taxes, the profit after tax for the half year was ₹23.37 crore. This contrasts with the same period in the previous year, where the company had reported a profit after tax of ₹23.37 crore.
Statement of Assets and Liabilities
As of September 30, 2026, the company’s total assets amounted to ₹13,151.33 lakh. The equity and liabilities side showed a total of ₹13,151.33 lakh. Key components include Shareholder’s Funds of ₹5,604.75 lakh and Non-Current Liabilities totaling ₹5,020.60 lakh. Current Liabilities were reported at ₹2,525.98 lakh.
Compared to March 31, 2026 (Audited), total assets were ₹9,865.58 lakh and total equity and liabilities were also ₹9,865.58 lakh. Shareholder’s Funds stood at ₹5,802.44 lakh, Non-Current Liabilities at ₹1,472.34 lakh, and Current Liabilities at ₹2,590.79 lakh.
Cash Flow Statement Overview
The cash flow statement for the half year ended September 30, 2026, indicates a net cash flow from operating activities of (₹787.66 lakh). Cash flow from investing activities resulted in a net outflow of (₹2,445.00 lakh). Financing activities generated a net inflow of ₹3,236.70 lakh. Consequently, the net increase in cash and cash equivalents for the period was ₹4.04 lakh, bringing the closing balance to ₹262.71 lakh.
Limited Review Report
A Limited Review Report by Milind Nyati & Co. LLP, Chartered Accountants, accompanies these financial results. The report states that based on their review, nothing has come to their attention that causes them to believe that the accompanying statement of unaudited financial results prepared in accordance with the applicable accounting standards and other recognized accounting practices has not disclosed the information required or contains material misstatements.
Source: BSE
