Quarterly Profit Falls as Revenue Softens and Expenses Rise

INDO-MIM Ltd reported consolidated profit of Rs 13.9143 crore for the quarter ended June 30, 2026, down from Rs 18.2410 crore in the corresponding quarter a year earlier and Rs 24.0122 crore in the preceding March quarter, as revenue declined and expenses increased.

Consolidated revenue from operations fell to Rs 104.7831 crore from Rs 111.4098 crore in the June 2025 quarter and Rs 121.8742 crore in the March 2026 quarter. Total income was Rs 111.8136 crore, compared with Rs 112.7170 crore a year earlier and Rs 122.1947 crore in the previous quarter.

Total consolidated expenses rose to Rs 94.7313 crore from Rs 88.1721 crore in the year-earlier period and Rs 89.6662 crore in the March quarter. Profit before exceptional items and Tax declined to Rs 17.0823 crore from Rs 24.5449 crore a year earlier and Rs 32.5285 crore sequentially.

The company recorded exceptional items of negative Rs 14.628 crore in the June quarter, against nil in both comparison periods. Profit before tax was Rs 18.5451 crore, compared with Rs 24.5449 crore in the corresponding prior-year quarter and Rs 32.5285 crore in the preceding quarter. Tax expense for the latest quarter was Rs 4.6308 crore.

Basic consolidated earnings per share fell to Rs 2.88 from Rs 3.78 in the June 2025 quarter and Rs 4.96 in the March 2026 quarter. Diluted earnings per share were Rs 2.83, compared with Rs 3.70 a year earlier and Rs 4.87 in the prior quarter.

Total comprehensive income attributable to the group stood at Rs 20.2857 crore, higher than Rs 18.5672 crore in the year-earlier quarter but below Rs 24.3015 crore in the preceding quarter.

On a standalone basis, revenue from operations was Rs 85.0120 crore, compared with Rs 97.2053 crore in the June 2025 quarter and Rs 100.3110 crore in the March quarter. Standalone profit for the period was Rs 13.1567 crore, down from Rs 18.0737 crore a year earlier and Rs 22.3170 crore sequentially. Standalone basic earnings per share declined to Rs 2.73 from Rs 3.75 and Rs 4.61, respectively.

During the quarter, INDO-MIM paid aggregate interim Dividends of Rs 6.80 per equity share, equivalent to 680 per cent of the Rs 1 face value. The distributions included a first interim dividend of Rs 3.50 per share, involving an approximate cash outflow of Rs 169.454 crore, and a second interim dividend of Rs 3.30 per share, with an approximate cash outflow of Rs 159.771 crore.

The company’s shares were listed on BSE and the National Stock Exchange of India on July 30, 2026, following an initial public offering comprising an offer for sale of 6,82,91,022 equity shares and a fresh issue of 1,03,27,835 equity shares at Rs 485 per share.

Indo-MIM manufactures precision engineering components, principally using metal injection molding technology, and provides services from mould design and tooling through production, finishing and assembly. Its capabilities also include precision machining and additive manufacturing. The company supplies automotive, Defence, medical, Aerospace and consumer-product markets, with operations spanning India, the United States, the United Kingdom and Mexico. Its corporate office is in Hoskote, Bengaluru.

As of August 18, 2026, 1:05 PM, INDO-MIM Ltd.'s current market price was Rs 948.1, with a face value of Rs 1. Its 1-year, 2-year and 3-year returns were 0.00, 0.00 and 0.00, respectively, and per the provided market data, the 1-year return (0.00) underperformed the BSE 500 (3.66 per cent) as reported.

Disclaimer: The article is for informational purposes only and not investment advice.