Manugraph India Reports Unaudiited Q1 Results for June 30, 2026; Highlights Asset Disposal and Employee Liabilities
Manugraph India Limited has released its unaudited financial results for the quarter ended June 30, 2026. The company's Board of Directors approved these results following a meeting held on August 11, 2026.The independent auditor, Desai Shah & Associates, provided a Limited Review Report on the interim unaudited financial statements. The review confirmed that nothing came to their attention that suggested any material misstatement in the statements, which were prepared in accordance with Indian Accounting Standard 34 ("Interim Financial Reporting").
Q1 FY2026 Financial Performance Snapshot
The company recorded a Total Income of Rs 2,573.26 lakhs for the quarter ended June 30, 2026. Revenue from Operations stood at Rs 2,570.79 lakhs, while Other Income was reported at Rs 2.47 lakhs.The financial results for the quarter show a wide comparison against previous periods:
| Particulars | Q Ended 30.06.2026 (Reviewed) | Q Ended 31.03.2026 (Reviewed) | Q Ended 30.06.2025 (Reviewed) | Q Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 2,570.79 | 2,508.63 | 3,166.45 | 8,863.70 |
| Total Income (I+II) | 2,573.26 | 2,518.70 | 3,175.47 | 8,885.33 |
| Cost of materials consumed | 959.66 | 1,248.64 | 1,500.88 | 5,183.95 |
| Employee benefits expense | 413.86 | 552.14 | 402.43 | 1,746.11 |
| Total Expenses (IV) | 2,865.24 | 2,482.16 | 2,622.29 | 8,317.63 |
| Profit/(Loss) before Exceptional Items and Tax | (291.98) | 36.54 | 553.18 | 567.70 |
| Profit on sale of Non-current Assets held for sale | 978.25 | - | 218.75 | 218.75 |
| Profit/(Loss) before Tax | 659.24 | 4.29 | 742.47 | 679.55 |
| Tax Expense | (87.20) | 127.49 | 59.58 | 184.13 |
| Profit/(Loss) for the period | 746.44 | (123.20) | 682.89 | 495.42 |
Operational Highlights and Asset Disposal
The review report drew attention to several key operational aspects:- Employee Retirement Liability: The company has recognized a liability under the consent terms signed with the Manugraph Employees' Union on September 20, 2024. During the quarter ended June 30, 2026, the company recognized a liability of Rs 27.03 lakhs. Previously, this liability was recorded as Rs 29.46 lakhs for the quarter ended June 30, 2025, and Rs 32.25 lakhs for the quarter ended March 31, 2026. For the full financial year ended March 31, 2026, the liability was reported at Rs 106.90 lakhs.
- Non-Current Asset Disposal: During the quarter ended June 30, 2026, the company completed the disposal of all immovable assets classified as held for sale at its Kolhapur Unit II, resulting in a gain on disposal amounting to Rs 978.25 lakhs. Previously, during the quarter ended June 30, 2025 and the year ended March 31, 2026, the company had completed the disposal of all movable assets classified as Assets held for sale at its Kolhapur Unit II, generating a gain of Rs 218.75 lakhs.
- Unit II Land Sale Status: During the financial year ended March 31, 2026, two acres of factory land at Unit I, Kolhapur (carrying amount of Rs 644.09 lakhs), and the land and factory building of Unit II, Kolhapur (carrying amount of Rs 257.26 lakhs) were classified as non-current assets held for sale. For the quarter ended June 30, 2026, the company completed the sale of the land and factory building of Unit II, Kolhapur. The company has received entire consideration for the factory land at Unit 1 and is in process of completing documentation for this asset.
The financial statements reflect that Total Comprehensive Income/(Loss) after tax stood at Rs 741.82 lakhs for the quarter ended June 30, 2026.
MANUGRAPH Stock Price Movement
Today, shares of Manugraph India Limited edged higher, closing at ₹15.99 after gaining 2.50%. The stock traded today within an intraday range stretching from a low of ₹15.30 to a high of ₹16.08.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.
Last edited by a moderator: