MITCON Q2/H1 FY26: Revenue grows but profit falls; Board approves results and notes new subsidiaries
MITCON's Q2/H1 FY26 standalone and consolidated revenues increased, but profit after tax declined. Board approved results and noted new subsidiary incorporations.
The announcement contains important financial results for the quarter and half-year, which are key indicators for investors. The mixed financial performance (revenue growth, profit decline) combined with strategic corporate developments like new subsidiary incorporations suggests a medium impact on the stock.
While the company reported growth in standalone and consolidated revenue from operations for Q2 and H1 FY26, the profit after tax significantly decreased compared to the previous year's corresponding periods due to increased operating costs. The incorporation of new wholly-owned subsidiaries and proper utilization of right issue proceeds offer future positive prospects, balancing the immediate profitability decline.
* The Board of Directors of MITCON Consultancy & Engineering Services Limited approved the standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2025, in a meeting held on November 13, 2025. * Standalone Financial Highlights (Q2 FY26 vs Q2 FY25): * Revenue from operations: Increased to ₹1,473.47 lakhs from ₹1,464.55 lakhs. * Profit after tax: Decreased to ₹126.06 lakhs from ₹205.25 lakhs. * Basic Earnings Per Share (EPS): Decreased to ₹0.72 from ₹1.49. * Standalone Financial Highlights (H1 FY26 vs H1 FY25): * Revenue from operations: Increased to ₹2,797.89 lakhs from ₹2,444.57 lakhs. * Profit after tax: Decreased to ₹227.74 lakhs from ₹321.45 lakhs. * Basic Earnings Per Share (EPS): Decreased to ₹1.31 from ₹2.33. * Consolidated Financial Highlights (Q2 FY26 vs Q2 FY25): * Revenue from operations: Increased to ₹2,945.61 lakhs from ₹2,783.95 lakhs. * Profit after tax: Decreased to ₹97.79 lakhs from ₹153.20 lakhs. * Basic Earnings Per Share (EPS): Decreased to ₹0.56 from ₹1.11. * Consolidated Financial Highlights (H1 FY26 vs H1 FY25): * Revenue from operations: Increased to ₹5,388.96 lakhs from ₹5,228.00 lakhs. * Profit after tax: Decreased to ₹217.39 lakhs from ₹444.90 lakhs. * Basic Earnings Per Share (EPS): Decreased to ₹1.25 from ₹3.23. * During the quarter ended September 30, 2025, MITCON Water Ltd was incorporated on September 5, 2025, and MITCON Soil Health Ltd was incorporated on September 9, 2025, as wholly-owned subsidiaries, each with an authorized and paid-up capital of ₹1 lakh. The paid-up capital was introduced on October 27, 2025. * Total proceeds of ₹3,074.40 lakhs from the Right Issue have been received, with ₹1,970.69 lakhs utilized up to September 30, 2025, in line with the stated objectives.
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MITCON Consultancy & Engineering Services Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by MITCON Consultancy & Engineering Services Limited. Read the original for the full detail.