MOHITIND Q2 : STANDALONE NET PROFIT DOWN 130% AT ₹0.35 CR LOSS (YOY), DOWN 9.2% (QOQ). WEAK (ON 1ST LOOK)

Revenue down 18.0% at ₹28.31 Cr (YOY), up 14.0% (QOQ). Standalone loss before exceptional items and tax at ₹1.44 Cr v ₹0.20 Cr loss (YOY). Consolidated net loss at ₹0.37 Cr v ₹0.14 Cr loss (YOY); share of associate profit ₹0.12 Cr. Caution: auditors flagged non-provision of post-employment and long-term employee benefit liabilities under Ind AS 19; quantum of deviation not ascertainable.

Mohit Industries Limited

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