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Other Textile Products
Quarterly Result2 Nov 2026, 06:33 pm

Mohit Industries Ltd Declares Unaudited Financial Results

AI Summary

Mohit Industries Ltd announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved these results along with the Limited Review Report from the statutory auditors during a meeting held on November 2, 2026. The auditors noted a deviation from Ind AS 19 regarding the accounting of post-employment benefits, stating that if Ind AS 19 were followed, employee benefit expenses would have increased, and profit would have reduced. However, based on their review, the auditors found no other material misstatements in the financial statements.

Key Highlights

  • Unaudited financial results for Q2 FY27 declared.
  • Standalone and consolidated results approved by the Board.
  • Limited Review Report issued by statutory auditors.
  • Deviation noted in accounting for post-employment benefits.
  • No material misstatements found, except for the noted deviation.