Manugraph India Reports Q2 FY2026 Results: Narrows Loss Amid Ongoing Restructuring
Manugraph India Limited announced improved financial results for Q2 FY2026. The company reduced its quarterly net loss to Rs 71.07 lakhs from Rs 182.88 lakhs in Q2 FY2025. For H1 FY2026, it achieved a profit of Rs 575.05 lakhs, compared to a loss of Rs 2,098.74 lakhs in H1 FY2025. Revenue from operations increased to Rs 1,420.10 lakhs in Q2 FY2026. The company continued workforce restructuring and reported a profit from disposal of non-current assets. Two acres of factory land have been classified as non-current assets held for sale.
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Manugraph India Limited , a leading engineering company specializing in printing machinery, has announced its financial results for the second quarter of fiscal year 2026, showing signs of improvement in its financial performance.
Financial Highlights
| Particulars (in Rs. lakhs) | Q2 FY2026 | Q2 FY2025 | H1 FY2026 | H1 FY2025 |
|---|---|---|---|---|
| Revenue from Operations | 1,420.10 | 1,240.85 | 3,166.45 | 2,507.66 |
| Net Loss | (71.07) | (182.88) | 575.05 | (2,098.74) |
| Total Income | 1,427.56 | 1,253.24 | 3,175.47 | 2,524.17 |
Key Takeaways
- Reduced Quarterly Loss: Manugraph India reported a net loss of Rs 71.07 lakhs for Q2 FY2026, significantly lower than the Rs 182.88 lakhs loss in the same quarter last year.
- Half-Year Profitability: For the half-year ended September 30, 2025, the company achieved a profit of Rs 575.05 lakhs, a substantial improvement from a loss of Rs 2,098.74 lakhs in the previous year.
- Revenue Growth: The company's revenue from operations for Q2 FY2026 increased to Rs 1,420.10 lakhs, up from Rs 1,240.85 lakhs in Q2 FY2025.
Operational Developments
- Employee Restructuring: Manugraph continued its workforce restructuring, with compensation to retired employees amounting to Rs 35.39 lakhs during the half-year period.
- Asset Optimization: The company reported a profit of Rs 218.75 lakhs from the disposal of non-current assets held for sale during H1 FY2026.
- Land Reclassification: Two acres of factory land worth Rs 644.09 lakhs have been classified as non-current assets held for sale, indicating potential future divestment.
Management Commentary
The Board of Directors, in their meeting held on November 10, 2025, approved these unaudited financial results. The company's focus on restructuring and asset optimization appears to be yielding positive results, as evidenced by the narrowing losses and return to profitability on a half-yearly basis.
Market Outlook
While Manugraph India operates in a single reportable business segment (Engineering), the company's efforts to streamline operations and divest non-core assets may position it for improved financial performance in the coming quarters. However, investors should note that the company continues to face challenges, as indicated by the ongoing quarterly losses.
The company's ability to sustain its restructuring efforts and capitalize on potential growth opportunities in the engineering sector will be crucial for its long-term financial health and market position.
Historical Stock Returns for Manugraph
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.73% | -7.93% | -23.54% | -11.61% | -27.89% | +58.16% |
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