Hindoostan Mills Reports Q2 FY27 Net Loss of Rs 74.41 Lakhs; Continuing Revenue Down 35% YoY
Hindoostan Mills reported its Q2 results for the period ended September 30, 2026, posting revenue from continuing operations of Rs 2.19 crore (Rs 219.16 lakhs), down 35% YoY from Rs 3.38 crore. The loss before tax from continuing operations widened to Rs 1.22 crore compared to Rs 0.64 crore in Q2 FY26. Accounting for a Rs 47.50 lakh profit from discontinued textile operations, the total net loss for the quarter stood at Rs 74.41 lakhs, compared to a net loss of Rs 147.69 lakhs in the year-ago period. The company now operates solely in its Engineering division following the discontinuation of textile operations.
உச்சம் நம்பிக்கை
என்ன மாறியதுHindoostan Mills announced unaudited financial results for the quarter and half-year ended September 30, 2026, confirming continuing operating losses after shuttering textile operations.
ஏன் இது முக்கியம்The company continues to face revenue contraction and losses in its remaining engineering operations, eroding its equity base (other equity fell to Rs 2,983.24 lakhs from Rs 3,116.18 lakhs in March 2026).
Q2 Continuing Revenue: Rs 219.16 lakhsQ2 Net Loss: Rs 74.41 lakhsH1 Net Loss: Rs 132.67 lakhsAssets held for Sale: Rs 535.30 lakhs
📅 குறுகிய காலம்Muted to negative market reaction given the ongoing operating losses and 35% YoY decline in continuing top-line revenue.
📈 நீண்ட காலம்Limited growth visibility until the company successfully monetizes its discontinued textile assets and scales up the engineering division profitably.
⚠ அபாய எச்சரிக்கைகள்
- Ongoing operational losses in continuing business
- Pending litigation and arbitration claims relating to property development (Rs 1,597.39 lakhs claim vs Rs 63.98 lakhs provision)
- Uncertainty around recovery of Rs 127.73 lakhs outstanding textile policy subsidy
👀 கவனிக்க வேண்டியவை
Track the progress on the disposal of assets held for sale (Rs 535.30 lakhs as of September 30, 2026) and any operational turnaround in the remaining Engineering division.
