Maestros Electronics Reports Mixed Q2 FY2026 Results with Revenue Dip, Profit Decline

Maestros Electronics & Telecommunications Systems Limited , a player in the medical and telemedicine segments, has announced its financial results for the second quarter of fiscal year 2026, revealing a mixed performance with declines in both revenue and profit.

Revenue and Profit Performance

For the quarter ended September 30, 2025, Maestros Electronics reported:

The company experienced a significant year-over-year decline in revenue, with Q2 FY2026 revenue from operations standing at ₹589.39 crore, down 19.6% from ₹733.00 crore in the same quarter of the previous year. This decrease in revenue was accompanied by a 30.0% drop in net profit, which fell to ₹151.75 crore from ₹216.88 crore in Q2 FY2025.

Half-Year Performance

For the half-year period ending September 30, 2025, Maestros Electronics achieved:

• Revenue: ₹1,632.46 crore
• Net Profit: ₹252.51 crore

Segment-wise Performance

Maestros Electronics operates in three main segments:

1. Electronics and Instrumentation
2. Medical
3. Telemedicine

The medical segment continued to be the primary revenue driver for the company.

Balance Sheet Highlights

As of September 30, 2025, the company reported:

• Total Assets: ₹4,854.35 crore
• Equity Share Capital: ₹551.02 crore
• Other Equity: ₹3,154.05 crore

Management Commentary

The Board of Directors approved these unaudited financial results at their meeting held on November 12, 2025. The company did not provide specific commentary on the factors contributing to the revenue and profit declines.

Conclusion

While Maestros Electronics & Telecommunications Systems Limited faced challenges in the second quarter of FY2026, with notable declines in both revenue and profit, the company maintains a strong balance sheet. The performance of its key segments, particularly medical equipment and telemedicine, will likely be areas of focus as the company moves forward.