In the recently announced Audited Standalone Financial Results for the quarter ended March 31, 2026, Mohit Industries Limited reported a Revenue from Operations of 3,682.71 Lacs. The company achieved a Net Profit of 12.70 Lacs for the current quarter, compared to a Net Loss of 29.58 Lacs in the previous quarter (QoQ) and a Net Profit of 45.69 Lacs in the corresponding quarter of the previous year (YoY).

Mohit Industries Limited is an ISO 9001:2015 certified company primarily engaged in the textile business. The company’s management has concluded, pursuant to Ind AS 108, that it operates within a single reportable segment: Textile.

The company recently appointed Mr. Hemal Kahar as an Internal Auditor for the financial year 2026-27 and M/s. Nainesh Kantliwala & Co. as Cost Auditors for the same period. According to recent notes on financial performance, the company’s profitability during the fiscal year was supported by strategic cost-optimization measures, including an increased reliance on solar power generation to reduce energy expenses. While adverse weather conditions impacted solar power utilization earlier in the year, generation levels improved in the final quarter.

For the fiscal year ended March 31, 2026, the company reported a Net Loss of 75.19 Lacs, compared to a Net Loss of 246.10 Lacs for the year ended March 31, 2025. The auditor’s report for the period contains a qualified opinion regarding the company’s method of accounting for post-employment benefits and other long-term employee benefits, which deviates from Ind AS 19. The board maintains that these liabilities are negligible and intends to pay them as and when they become due.