Mindteck Reports Q1 FY2026-27 Results: Consolidated Revenue at Rs 104.08 Crore

Mindteck Reports Q1 FY2026-27 Results: Consolidated Revenue at Rs 104.08 Crore​

Bengaluru, India (August 12, 2026) - Mindteck (India) Limited reported its unaudited financial results for the first quarter of fiscal year 2026-27, ending June 30, 2026. The company, which provides engineering and technology solutions across sectors including storage, medical device, semiconductor, and analytical instrument industries, detailed stable revenue performance alongside profitability challenges during the period.

Consolidated Financial Performance

For the quarter ended June 30, 2026, consolidated revenue stood at Rs 104.08 crore. This figure compares against Rs 103.91 crore in the preceding quarter (March 31, 2026) and Rs 101.30 crore during the corresponding quarter of June 30, 2025.

The company recorded a consolidated net profit after tax of Rs 8.36 crore for the first quarter, down from Rs 10.16 crore reported in the March 31, 2026 quarter, and compared to Rs 8.75 crore achieved in Q1 FY2025-26.

Standalone Performance of Indian Entity

The standalone performance for Mindteck (India) Limited also showed stability in revenue during the interim period. Standalone revenue for the quarter ended June 30, 2026, was Rs 33.93 crore. This figure is slightly less than the Rs 36.92 crore recorded in the previous quarter and compared to Rs 35.15 crore in the Q1 FY2025-26 period.

Standalone net profit after tax for the quarter ended June 30, 2026, was reported at Rs 3.84 crore, down from Rs 5.19 crore in the March 31, 2026 quarter and compared to Rs 4.66 crore during Q1 FY2025-26.

Management Outlook and Strategic Focus

Javed Gaya, Chairman of the Board, commented on the results, stating that the company is encouraged by the stable revenue performance, which reflects continued demand for its engineering and technology solutions across various sectors. While revenue remained resilient, profitability was impacted by elevated employee costs and ongoing investments in AI and organizational capabilities. He stated that the management is taking decisive steps to improve utilization levels, optimize the delivery model, and support margin expansion going forward.

Karim Dhanani, Chief Executive Officer, added that while revenue held steady, the focus is now on converting that stability into stronger returns. He confirmed that investments are being made in AI-led capabilities and strengthening the management bench, with actions designed to rebuild margin momentum through the year.

Financial Highlights Summary (All figures are in Rs crore)

The table below summarizes the revenue and profit comparisons across consolidated and standalone reporting for Q1 FY2026-27:

MINDTECK Stock Price Movement​

As of 2:51 PM, Mindteck (India) Limited shares are slipping by 5.13% in live trading, currently priced at ₹182.86 as the market progresses. The stock has registered a significant level of activity, with a total traded volume amounting to 128,950 shares so far today.