Tega Industries Limited has announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The results, reviewed by the Audit Committee and approved by the Board of Directors, include details on revenue, expenses, profit, and other comprehensive income. The company also highlighted the impact of its recent acquisition of Molycop Group, which was completed on June 1, 2026, impacting its financial position and reporting.
Unaudited Financial Results Announced
Tega Industries Limited has disclosed its unaudited standalone and consolidated financial results for the quarter and six months ended September 30, 2026. These results were formally reviewed by the Audit Committee and subsequently approved by the Board of Directors of the Company during their respective meetings held on November 5, 2026. The accompanying Limited Review Report from Statutory Auditors, M/s. Walker Chandiok & Co LLP, has also been issued.
Key Financial Highlights (Standalone)
For the quarter ended September 30, 2026, Tega Industries reported a Revenue from operations of ₹2,027.49 million and a Profit/(Loss) after tax of ₹(22.57) million. For the six months ended the same date, the standalone revenue was ₹4,714.03 million, with a profit after tax of ₹431.63 million.
Key Financial Highlights (Consolidated)
On a consolidated basis, for the quarter ended September 30, 2026, the revenue from operations stood at ₹42,540.35 million, with a Profit/(Loss) after tax of ₹(587.74) million. For the six months ended September 30, 2026, consolidated revenue was ₹59,774.77 million, resulting in a profit after tax of ₹(1,670.26) million.
Molycop Acquisition Impact
A significant event impacting the consolidated results is the acquisition of Molycop Group, which was completed on June 1, 2026. This transaction involved significant one-time expenses amounting to ₹2,575.53 million for the six months period ended September 30, 2026. The Group has recognized the assets and liabilities acquired on a provisional basis, which are subject to finalization within one year as per Ind AS 103 ‘Business Combinations’. The acquisition has also led to the recognition of identifiable intangible assets and goodwill.
Segment Reporting
The company operates in specialized critical to operate and recurring consumable products for the global mineral beneficiation, mining, and bulk solids handling industry. As per the Chief Operating Decision Maker (CODM) review, the business is treated as a single segment. However, for consolidated reporting, ‘Grinding Media’ is considered a separate business segment, alongside ‘Consumables-others’ and ‘Equipments’.
Source: BSE
