Mafatlal Industries Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results at their meeting held on January 30, 2026, following review by the Audit Committee.

Financial Performance Overview

The company's standalone performance showed mixed results for the reporting period. While quarterly performance declined compared to the previous year, nine-month results remained relatively stable.

Segment-wise Performance

The company operates through three distinct business segments, each contributing differently to overall performance.

Textile and Related Products

This segment generated revenue of ₹222.10 crores in Q3FY26 compared to ₹293.84 crores in Q3FY25. For the nine-month period, segment revenue reached ₹1,024.03 crores versus ₹885.38 crores in the previous year. Segment results improved to ₹66.00 crores for nine months from ₹48.67 crores.

Digital Infrastructure

Revenue for this segment was ₹26.41 crores in Q3FY26 against ₹23.32 crores in Q3FY25. Nine-month revenue declined to ₹48.77 crores from ₹85.01 crores in the previous year.

Consumer Durables and Others

This segment reported quarterly revenue of ₹468.84 crores compared to ₹593.06 crores in Q3FY25. Nine-month revenue increased significantly to ₹1,914.41 crores from ₹1,387.14 crores.

Exceptional Items and Special Provisions

The company recognized exceptional items of ₹2.87 crores during Q3FY26, primarily related to employee benefit expenses. This was due to the estimated impact on gratuity provision following the implementation of New Labour Codes, which became effective from November 21, 2025.

Consolidated Results

The consolidated financial results, which include three subsidiaries (Mafatlal Services Limited, Pieflowtech Solutions Private Limited, and Mafatlal Apparel Exports Private Limited), showed similar trends to standalone performance. Consolidated net profit for Q3FY26 was ₹4.05 crores compared to ₹24.34 crores in Q3FY25.

Other Comprehensive Income Impact

The company reported significant other comprehensive loss of ₹43.60 crores in Q3FY26, primarily due to changes in fair value of equity instruments measured at fair value through other comprehensive income. This resulted in total comprehensive loss of ₹38.53 crores for the quarter.

Auditor Review

Price Waterhouse Chartered Accountants LLP conducted the limited review of the unaudited financial results. The auditors confirmed that the financial statements were prepared in accordance with Indian Accounting Standards and disclosed required information under SEBI Listing Regulations.

Mafatlal Industries Limited has announced the initiation of installation of a 4MWp (DC) ground-mounted solar photovoltaic power plant at its Nadiad Unit for captive consumption. The company made this disclosure to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Solar Power Plant Specifications

The key details of the solar power project are outlined below:

Expected Benefits and Impact

Upon successful implementation, the solar power plant is expected to bring notable savings in power cost for the manufacturing unit. The initiative represents a strategic move towards cost optimization while supporting environmental sustainability goals.

Environmental Sustainability Commitment

This solar power project reflects Mafatlal Industries Limited's commitment towards environmental sustainability. The initiative contributes to:

• Green energy generation
• Reducing carbon footprint
• Supporting renewable energy adoption in manufacturing operations

The company's investment in solar power infrastructure aligns with broader industry trends towards sustainable manufacturing practices and energy cost management. The captive consumption model ensures direct utilization of generated solar power for manufacturing operations at the Nadiad Unit.