Mahasagar Travels Q1 Results: Net loss of ₹10.19 lakh on higher costs
Mahasagar Travels Ltd posted a Q1FY26 net loss of ₹10.19 lakh against a profit of ₹15.88 lakh in Q1FY25, despite a 7.2% YoY revenue rise to ₹1,017.40 lakh. Rising material and finance costs drove the loss. The Board also set the date for the 33rd AGM on September 19, 2026.
*this image is generated using AI for illustrative purposes only.
Mahasagar Travels Ltd reported a net loss of ₹10.19 lakh for the first quarter ended June 30, 2026 (Q1FY26), marking a reversal from the net profit of ₹15.88 lakh recorded in Q1FY25. Despite a 7.2% year-on-year increase in revenue from operations to ₹1,017.40 lakh, rising finance costs and material expenses pressured profitability. The company’s total comprehensive income stood at a loss of ₹10.19 lakh, with basic earnings per share falling to ₹(0.13) from ₹0.20 in the prior year period.
The Board of Directors approved the unaudited standalone financial results and the limited review report issued by M/s B H Advani & Associates, the statutory auditor, on August 12, 2026. The filing was made pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the Board approved the appointment of Mr. Pragnesh M Joshi as the scrutinizer for the upcoming 33rd Annual General Meeting (AGM).
Financial Performance Overview
Revenue from operations rose to ₹1,017.40 lakh in Q1FY26, up from ₹949.15 lakh in Q1FY25. This growth was supported by increases in both reportable segments: Tours & Travels revenue grew to ₹541.19 lakh from ₹535.07 lakh, while Petrol Pump revenue climbed to ₹477.61 lakh from ₹419.53 lakh. However, total expenses increased more sharply to ₹1,028.99 lakh from ₹938.72 lakh, resulting in a pre-tax loss of ₹10.19 lakh.
| Particulars | Q1FY26 (₹ Lakh) | Q1FY25 (₹ Lakh) | Change |
|---|---|---|---|
| Revenue from Operations | 1,017.40 | 949.15 | +7.2% |
| Other Income | 1.40 | 5.45 | -74.3% |
| Total Expenses | 1,028.99 | 938.72 | +9.6% |
| Net Profit/(Loss) | (10.19) | 15.88 | Turn to Loss |
| EPS (Basic) | (0.13) | 0.20 | -165.0% |
Cost of materials consumed surged to ₹603.41 lakh from ₹407.80 lakh, representing the largest single expense item. Finance costs also nearly tripled to ₹25.38 lakh from ₹7.81 lakh, significantly impacting the bottom line. Other income declined sharply to ₹1.40 lakh from ₹5.45 lakh, further contributing to the profit reversal.
Segment-wise Analysis
The Tours & Travels segment generated a segment result before tax and interest of ₹8.62 lakh, down from ₹17.75 lakh in Q1FY25. The Petrol Pump segment saw its result improve slightly to ₹6.57 lakh from ₹5.94 lakh. However, high unallocated interest costs of ₹25.38 lakh outweighed the combined segment profits of ₹15.19 lakh, leading to the overall loss.
| Segment | Revenue Q1FY26 (₹ Lakh) | Result Before Tax/Int Q1FY26 (₹ Lakh) | Assets Q1FY26 (₹ Lakh) |
|---|---|---|---|
| Tours & Travels | 541.19 | 8.62 | 1,355.23 |
| Petrol Pump | 477.61 | 6.57 | 521.18 |
| Total | 1,018.80 | 15.19 | 1,876.41 |
Corporate Actions and AGM Notice
The Board approved the notice for the 33rd Annual General Meeting, scheduled to be held on Saturday, September 19, 2026, at 11:00 AM at the company’s registered office in Junagadh, Gujarat. Mr. Pragnesh M Joshi, a practicing company secretary, has been appointed as the scrutinizer for the meeting. The financial results were prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015, and SEBI LODR regulations. No provision for income tax was made in the current quarter as per the Income Tax Act, 2025.
Historical Stock Returns for Mahasagar Travels
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | +4.46% | -8.16% | -11.23% | +96.31% |
What specific operational strategies will Mahasagar Travels implement to curb the surge in material costs, which rose significantly faster than revenue growth?
How does the near-tripling of finance costs impact the company's debt restructuring plans or future borrowing requirements for FY26?
Given the divergence in segment performance, will the company consider reallocating capital from the Tours & Travels division to the more resilient Petrol Pump segment?
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