MIMihika Industries538895Quarterly results

Board approves unaudited Q2 results: revenue Rs. 528.51 lakh, net profit Rs. 3.83 lakh

Mihika Industries' board met on 3rd November, 2026 and approved the unaudited financial results for the quarter and half year ended 30th September, 2026.

By ScoutQuest · Tue 3 Nov 2026, 7:36 PM IST · 2 min read

Revenue from operations (Q2)

Rs. 528.51 lakh for the quarter

Net profit (Q2)

Rs. 3.83 lakh for the quarter

Basic EPS

Rs. 0.04

What the board approved

The board of Mihika Industries met on 3rd November, 2026 and considered and approved the unaudited financial results for the quarter and half year ended 30th September, 2026, along with the limited review report of the statutory auditors. The company's business is trading of agricultural products, as stated in the notes to the results.

Quarter ended 30th September, 2026

• Revenue from operations: Rs. 528.51 lakh
• Total revenue (net): Rs. 538.77 lakh
• Net profit for the period: Rs. 3.83 lakh
• Basic earnings per share: Rs. 0.04

Half year ended 30th September, 2026

• Revenue from operations: Rs. 573.68 lakh
• Net profit for the period: Rs. 4.89 lakh
• The same half of the previous year showed a net profit of Rs. 5.75 lakh, so the half-year profit is lower than a year earlier even as revenue was higher.

Balance sheet snapshot

• Total assets stood at Rs. 2,422.39 lakh as at 30th September, 2026, against Rs. 2,215.81 lakh as at 31st March, 2026.
• The statement of assets and liabilities shows equity share capital of Rs. 1,000.00 lakh and other equity of Rs. 1,203.60 lakh, with current liabilities rising to Rs. 203.23 lakh from Rs. 3.26 lakh.

Auditor's review and emphasis of matter

• The auditors state that balances of trade receivables, trade payables, loans and advances (including deposits given or received) and borrowings as at the balance sheet date are subject to confirmation and reconciliation.
• Direct confirmations from customers, vendors and loan counterparties have not been received, and the balances have therefore not been reconciled with the company's books of account.
• Sales and purchases for the period were confirmed on the basis of data and information provided by management, and any adjustments required on completion of reconciliation are not ascertainable.
• The auditors' conclusion is not modified in respect of this matter, and they state that nothing has come to their attention that causes them to believe the statement contains any material misstatement.

How to read this

• The update is a routine quarterly disclosure. The numbers to watch are the revenue line and the thin gap between total revenue and total expenses, which leaves a small net profit for the period.
• The emphasis of matter is a disclosure about balances that are yet to be confirmed by outside parties. It does not change the auditors' conclusion, but it does tell a reader that some balance sheet figures rest on management data pending reconciliation.
• The results are unaudited and have been subjected to a limited review, which is less extensive than a full audit.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

About ScoutQuest · Logos provided by Logo.dev