M K Exim (India) Limited reported a standalone net profit of ₹650.93 lakhs for the quarter ended June 30, 2026 (Q1FY27), a decline from ₹681.36 lakhs in the corresponding period of the previous year. The company’s total income from operations increased to ₹2,764.97 lakhs, up from ₹2,700.71 lakhs in Q1FY26. This revenue growth was primarily driven by robust performance in its cosmetics business, which offset a significant contraction in the fabric and garments segment.

The Board of Directors approved the unaudited financial results on August 5, 2026, following a review by the Audit Committee. The statutory auditors, Ummmed Jain & Co., issued a limited review report confirming that the financial statements comply with Ind AS 34 and SEBI Listing Regulations. The trading window for designated persons will reopen 48 hours after the declaration of these results.

Segment Performance

The cosmetics segment emerged as the primary growth engine, generating revenue of ₹2,646.65 lakhs, a substantial increase from ₹2,226.00 lakhs in Q1FY26. This segment also delivered the bulk of the operating profit, with pre-tax results standing at ₹868.88 lakhs. In contrast, the fabric and garments segment saw revenue plummet to ₹110.25 lakhs from ₹469.07 lakhs in the previous year’s quarter, resulting in a segment loss of ₹2.29 lakhs.

Financial Highlights

Total expenses for the quarter were ₹1,895.11 lakhs, slightly lower than ₹1,914.42 lakhs in the preceding quarter but higher than ₹1,790.20 lakhs in Q1FY26. The increase in year-on-year expenses was largely due to higher purchase of stock-in-trade (₹728.97 lakhs vs ₹2,299.63 lakhs in Q1FY26, adjusted for inventory changes) and other expenditures. Finance costs remained minimal at ₹4.30 lakhs. Earnings per share (basic and diluted) stood at ₹1.61, down from ₹1.69 in the corresponding quarter of the previous year.

What the Numbers Show

The divergence between the two main business segments highlights a shifting operational focus. While the traditional textile business contracted significantly, accounting for less than 4% of total revenue, the cosmetics division expanded its share to nearly 96%. This concentration suggests that M K Exim’s future profitability is increasingly dependent on the FMCG personal care sector, with the textiles unit contributing negligible volume and margin in the current quarter.

Promoter group members of M K Exim (India) Ltd have increased their collective stake in the company through an open market acquisition on June 25, 2026. The transaction, disclosed to BSE Limited, was executed under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Following this purchase, the promoter group's holding has risen to 43.964% of the total paid-up voting capital, reinforcing their control over the entity.

Murli Wadhumal Dialani, a member of the promoter group and Whole Time Director, acquired 40,447 equity shares. This acquisition increased his individual holding to 10.281%. The transactions were made entirely in equity shares carrying voting rights, with no involvement of warrants, convertible securities, or other instruments. The total equity share capital of M K Exim (India) Ltd remains at ₹40,36,72,500, comprising 4,03,67,250 shares of ₹10 each.

The Persons Acting in Concert (PAC) include Lajwanti Murlidhar Dialani, Manish Murlidhar Dialani, and Reshma Manish Dialani. The disclosure confirms that there are no shares encumbered through pledge, lien, or non-disposal undertakings by any of the acquirers. The filings were submitted to BSE Limited to ensure compliance with regulatory requirements regarding substantial acquisition of shares.

Shareholding Details

The table below outlines the changes in the shareholding pattern of the acquirer and the promoter group following the transactions: