MAHEPC Mahindra EPC Irrigation Q2 FY26 results (Jul–Sep 2025) and concall
Mahindra EPC reported a strong H1 FY26 with 17% revenue growth to Rs. 111.6 crores and a significant PBT turnaround to Rs. 1.9 crores from a loss of Rs. 7.3 crores in H1 FY25. This was driven by diversification into irrigation projects and non-subsidy business, which now contributes 37.8% of total revenue. Despite challenges from unseasonal rains impacting Q2 revenue and higher absolute receivables, the company improved its PBT in Q2 and reduced receivable days.
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What they filed
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|
| Revenue | 81 | 96 | 62 | 50 |
| EBITDA | 10 | 10 | 3 | 1 |
| Net profit | 6 | 6 | 1 | 0 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
