Milestone Global Limited Reports Mixed Q2 FY2026 Results with Revenue Growth and Profit Decline

1 min read     Updated on 14 Nov 2025, 01:45 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Milestone Global Limited, a granite products manufacturer and exporter, released its Q2 FY2026 results. The company reported consolidated revenue of Rs 709.85 lakhs and standalone revenue of Rs 358.03 lakhs. While revenue grew, profitability declined. The consolidated net profit was Rs 5.23 lakhs. Segment-wise, Europe contributed the highest revenue at Rs 280.70 lakhs. The company's balance sheet showed total assets of Rs 1,098.19 lakhs and total equity of Rs 993.65 lakhs as of September 30, 2025.

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*this image is generated using AI for illustrative purposes only.

Milestone Global Limited , a company engaged in the manufacturing and export of granite products, has released its unaudited financial results for the second quarter and half-year ended September 30, 2025. The results show a mixed performance with revenue growth but a decline in profitability.

Revenue Performance

The company reported a consolidated revenue from operations of Rs 709.85 lakhs for Q2 FY2026, which includes the operations of its subsidiaries in the UK and USA. On a standalone basis, Milestone Global Limited achieved a revenue of Rs 358.03 lakhs for the quarter.

Financial Highlights

Here's a breakdown of the key financial metrics for Q2 FY2026:

Metric Q2 FY2026 (Consolidated) Q2 FY2026 (Standalone)
Revenue from Operations 709.85 358.03
Total Income 719.72 364.68
Profit Before Tax 5.23 7.92
Net Profit 5.23 7.92

All figures in Rs lakhs

Segment Performance

The company's performance varied across different geographical segments:

Segment Revenue Segment Results
USA 164.05 6.50
Europe 280.70 17.49
Canada 50.70 4.08

All figures in Rs lakhs

Balance Sheet Overview

As of September 30, 2025, Milestone Global Limited's consolidated balance sheet showed:

  • Total Assets: Rs 1,098.19 lakhs
  • Total Equity: Rs 993.65 lakhs
  • Current Assets: Rs 788.22 lakhs
  • Current Liabilities: Rs 79.61 lakhs

Management Commentary

The Board of Directors, in their meeting held on November 14, 2025, approved these unaudited financial results. The company's auditors have performed a limited review of the same.

Outlook

While Milestone Global Limited has shown revenue growth, the decline in profitability may be a concern for investors. The company's performance in international markets, particularly in the USA and Europe, continues to be significant for its overall financial health.

Investors and stakeholders should note that these are interim results and may not necessarily indicate the full-year performance. The company's ability to manage costs and improve profitability in the coming quarters will be crucial for its financial outlook.

As always, investors are advised to consider these results in conjunction with broader market trends and the company's long-term strategies before making investment decisions.

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Milestone Global Limited Reports Strong Q1 FY2026 Results with 164.4% Surge in Consolidated Net Profit

1 min read     Updated on 08 Aug 2025, 06:04 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Milestone Global Limited announced unaudited Q1 FY2026 results ending June 30, 2025. Consolidated revenue increased by 26.4% to Rs 417.58 lakhs, while net profit surged 164.4% to Rs 43.23 lakhs compared to Q1 FY2025. Standalone revenue was Rs 311.28 lakhs with net profit doubling to Rs 28.84 lakhs. The USA segment generated Rs 181.05 lakhs in revenue, followed by Europe at Rs 130.23 lakhs, while Canada reported no revenue. The Board of Directors approved these results on August 8, 2025, after a limited review by auditors P.L. Tandon & Co.

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*this image is generated using AI for illustrative purposes only.

Milestone Global Limited , a company with operations across the USA, Europe, and Canada, has announced its unaudited financial results for the first quarter of fiscal year 2026, ending June 30, 2025. The company has shown significant improvement in its performance compared to the same period last year.

Consolidated Financial Highlights

Milestone Global Limited reported robust growth in its consolidated financial results:

  • Revenue from operations increased by 26.4% to Rs 417.58 lakhs, up from Rs 330.47 lakhs in Q1 FY2025.
  • Net profit saw a substantial rise of 164.4%, reaching Rs 43.23 lakhs compared to Rs 16.35 lakhs in the corresponding quarter last year.

Standalone Performance

On a standalone basis, the company also demonstrated positive results:

  • Revenue from operations stood at Rs 311.28 lakhs, slightly lower than Rs 336.44 lakhs in Q1 FY2025.
  • Net profit more than doubled to Rs 28.84 lakhs, up from Rs 12.89 lakhs in the previous year's quarter.
  • Earnings per share (EPS) for the quarter was Rs 0.57.

Segment-wise Performance

Milestone Global Limited operates across three geographical segments:

Segment Revenue
USA Rs 181.05 lakhs
Europe Rs 130.23 lakhs
Canada No revenue

Board Meeting and Auditor's Review

The company's Board of Directors approved these unaudited quarterly financial results in a meeting held on August 8, 2025. The meeting commenced at 3:15 p.m. and concluded at 3:48 p.m. The financial results were reviewed by the company's auditors, P.L. Tandon & Co., who performed a limited review in accordance with the Standard on Review Engagements (SRE) 2410.

Conclusion

Milestone Global Limited's Q1 FY2026 results demonstrate a strong start to the fiscal year, with notable growth in consolidated revenue and a substantial increase in net profit. The company's performance in its key markets of USA and Europe appears to be solid, contributing to the overall positive results.

The significant improvement in the company's consolidated net profit suggests effective cost management and potentially improved operational efficiency. However, as with all quarterly results, it's important to consider longer-term trends for a comprehensive view of the company's financial health and prospects.

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