Mohite Industries revenue declines sharply on weak textile and power volumes

Mohite Industries posted a 29% year-on-year revenue decline to ₹29.7 crore as textile and power segment volumes weakened.

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5 days ago

Mohite Industries revenue declines sharply on weak textile and power volumes

Mohite Industries revenue declines sharply on weak textile and power volumes
Mohite Industries reported standalone net sales of ₹29.7 crore for the September quarter, down 29% year-on-year due to muted demand across textile and power segments. Net profit declined as lower utilisation impacted operating leverage. The company indicated that planned capital expenditure and capacity optimisation initiatives in FY26 aim to support a gradual recovery in volumes.
Companies:
  • Mohite Industries
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  • mohite industries