Mirza International reported a narrowed standalone net loss of ₹4.51 lakh for the quarter ended June 30, 2026, compared to a net profit of ₹17.67 lakh in the same period last year. The company’s total income from operations fell 12.4% year-on-year to ₹124.05 lakh, reflecting softer demand or pricing pressures in its core segments. Consolidated results mirrored this trend, with a net loss of ₹4.07 lakh against a prior-year profit of ₹17.81 lakh.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at meetings held on August 6, 2026. The company filed these unaudited standalone and consolidated financial results with the Bombay Stock Exchange and National Stock Exchange pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The advertisements were published in Business Standard newspapers on August 7, 2026.

Financial Performance

The decline in revenue was accompanied by a shift from profitability to loss-making operations for the quarter. In the previous quarter (Q4FY26), the company posted a standalone net loss of ₹11.69 lakh on revenue of ₹98.53 lakh. The Q1FY27 revenue of ₹124.05 lakh represents a sequential increase but remains below the ₹141.54 lakh recorded in Q1FY26.

The basic earnings per share (EPS) for the standalone entity stood at a loss of ₹0.33 per share, down from a profit of ₹1.28 per share in Q1FY26. Diluted EPS remained identical to basic EPS at ₹(0.33). For the consolidated entity, basic EPS was a loss of ₹0.29 per share, compared to ₹1.29 per share in the prior year.

What the Numbers Show

The data reveals a divergence between revenue trends and profitability across periods. While revenue increased sequentially from Q4FY26 to Q1FY27, it failed to restore profitability, indicating persistent margin pressures or higher operational costs relative to the top line. The consolidated revenue actually grew 4.1% year-on-year to ₹129.43 lakh, yet the consolidated net result swung to a loss of ₹4.07 lakh from a profit of ₹17.81 lakh. This suggests that while the group may be generating slightly more sales, the cost structure or exceptional items are eroding bottom-line performance more significantly than in the previous fiscal year. The equity share capital remained unchanged at ₹27.64 lakh.

Mirza International has appointed Nirmal Sahijwani as President of its Men's Shoe Division, effective August 6, 2026. The Board of Directors approved the appointment during a meeting held on the same date, acting on the recommendation of the Remuneration and Compensation Committee. This leadership change aims to strengthen the strategic direction and operational execution of the company's men's footwear segment. The appointment falls under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board meeting commenced at 11:15 a.m. and concluded at 12:15 p.m. on August 6, 2026. Harshita Nagar, Company Secretary & Compliance Officer, certified the disclosure. The company notified both the Bombay Stock Exchange and the National Stock Exchange of India Limited regarding the senior management addition.

Appointment Details

Nirmal Sahijwani joins Mirza International as part of its Senior Management. His role focuses on driving the overall business strategy, operations, growth, and profitability of the Men's Shoe Division. He will serve on terms and conditions approved by the Board.

Professional Profile

Sahijwani brings extensive experience in the footwear industry to the role. His expertise spans business strategy, sales and marketing, merchandising, product development, retail operations, brand management, and business expansion. Throughout his career, he has held senior leadership positions and led initiatives in business transformation, market expansion, and operational excellence.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI LODR Regulations. The company also referenced SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated July 11, 2023 (updated as on January 30, 2026). No relationships between directors were disclosed in connection with this appointment.