Umiya Buildcon Reports Strong Q2 Performance, Secures Land for New Manufacturing Facility

MRO-TEK Reality (formerly known as MRO-TEK Realty Limited) has reported a robust performance for the second quarter, with significant developments in its business operations and financial results.

Financial Highlights

The company's unaudited consolidated financial results for Q2 show impressive growth:

Particulars (in ₹ Lakhs)	Q2 FY2025-26	Q2 FY2024-25	YoY Growth
Revenue from Operations	2,057.43	1,287.09	59.85%
Net Profit	670.52	194.71	244.37%
EPS (Basic & Diluted)	3.59	1.04	245.19%

The company's revenue from operations saw a significant year-on-year increase of 59.85%, rising from ₹1,287.09 lakhs to ₹2,057.43 lakhs. Net profit for the quarter surged by 244.37%, reaching ₹670.52 lakhs compared to ₹194.71 lakhs in the same quarter of the previous year.

Key Developments

Land Allotment for New Facility

MRO-TEK Reality has received final land allotment from the Government of Karnataka to establish a new state-of-the-art electronics manufacturing facility. This facility will include a dedicated R&D center, reinforcing the company's commitment to innovation and the government's 'Make in India' initiative.

Launch of Indigenous Switches

The company has introduced the MRO-TEK CORNUS Family 1G Switches, which are fully indigenous Layer-2 Gigabit switches with over 65% local content. These switches are designed for various critical sectors including telecom operators, railways, industrial networks, and surveillance systems.

Operational Excellence

The management expressed satisfaction with the company's performance, citing a focus on operational excellence, innovative construction techniques, and expanding market presence as key factors contributing to the positive results.

Segment Performance

The company's segment-wise revenue shows growth across most sectors:

Segment	Q2 FY2025-26 (₹ Lakhs)	Q2 FY2024-25 (₹ Lakhs)	YoY Growth
Product	733.59	446.18	64.42%
Real Estate	926.89	419.15	121.14%
Solutions	396.95	421.76	-5.88%

The Real Estate segment showed the highest growth at 121.14%, followed by the Product segment at 64.42%. The Solutions segment experienced a slight decline of 5.88%.

Management Commentary

Aniruddha Mehta, Chairman & Managing Director of MRO-TEK Reality, stated, "We are pleased with our performance in the last quarter and half-year, which demonstrates our ability to adapt and thrive in a competitive market. Our continued focus on operational excellence, reliance on innovative construction techniques, and expanding our market presence has yielded positive results."

Future Outlook

With the new land allotment and the launch of indigenous products, MRO-TEK Reality is well-positioned for future growth. The company's focus on innovation, quality manufacturing, and contribution to India's digital infrastructure is expected to drive scalable and reliable connectivity solutions for critical sectors.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.63%	+8.70%	+16.57%	+56.21%	-0.41%	+400.36%

MRO-TEK Reality , formerly known as MRO-TEK Realty Limited, has reported a stellar financial performance for the second quarter, with a significant boost in profitability.

Financial Highlights

For the quarter ended September 30, MRO-TEK Reality reported:

Metric	Q2 Current	Q2 Previous	YoY Change
Net Profit	Rs 585.86	Rs 135.33	+333%
Total Income	Rs 1,686.54	Rs 1,352.55	+24.7%
Basic EPS	Rs 3.14	Rs 0.72	+336%

The company's performance for the first half was equally impressive:

Metric	H1 Current	H1 Previous	YoY Change
Net Profit	Rs 3,725.08	Rs 300.00	+1,141.7%
Total Income	Rs 6,889.39	Rs 2,463.85	+179.6%

Key Developments

The company's other income for the first quarter included a substantial profit of Rs 4,041.95 lakhs from the sale of property at Electronic City, Bangalore.
MRO-TEK Reality operates in three business segments: Products, Real Estate Development, and Solutions.
The board had previously decided to discontinue Electronic Contract Manufacturing Services operations in January.

Segment Performance

For the current quarter:

Segment	Revenue
Product	Rs 377.88
Real Estate	Rs 429.39
Solutions	Rs 411.04

Balance Sheet Highlights

As of September 30:

Total Assets: Rs 25,362.17 lakhs
Total Equity: Rs 11,259.56 lakhs
Non-current Liabilities: Rs 12,240.41 lakhs
Current Liabilities: Rs 1,862.20 lakhs

Management Commentary

The company's board of directors approved these unaudited financial results in their meeting held on October 15. The strong performance, particularly in the Real Estate segment, indicates the company's strategic focus on this area.

Future Outlook

With the discontinuation of its Electronic Contract Manufacturing Services and the significant profit from property sale, MRO-TEK Reality appears to be realigning its business focus. The robust performance in the Real Estate and Solutions segments suggests potential areas for future growth.

Investors and stakeholders will be keen to see if the company can maintain this growth trajectory in the coming quarters, especially given the one-time gain from property sale that boosted this quarter's results.