Mihika Industries News

Mihika Industries Director Aakash Shah Resigns

Mihika Industries announces resignation of Non-Executive Non-Independent Director Mr. Aakash Shah effective March 11, 2026, citing personal reasons for his departure from the board.

Mihika Industries Q3FY26 Net Profit Drops 93% to ₹1.42L

Mihika Industries reported a significant decline in Q3FY26 performance with net profit falling 93% to ₹1.42 lakhs and revenue dropping 60% to ₹22.14 lakhs compared to previous year.

Mihika Industries Board Reshuffles Leadership Team

Mihika Industries Limited announces major board changes with four new appointments including CFO and three directors, alongside three resignations effective February 2, 2026.

Mihika Industries Reports Unaudited Financial Results for Quarter and Half Year Ended September 30, 2025

Mihika Industries Limited announced its unaudited financial results for the quarter and half year ended September 30, 2025. The Board of Directors approved these results during a meeting held on November 12, 2025. The company's cash flow statement shows net cash from operating activities at negative Rs. 317.38 lacs for the six months ended September 30, 2025, compared to negative Rs. 16.43 lacs in the previous year. Net cash from financing activities was Rs. 317.71 lacs, primarily from long-term loans and advances. The auditor's limited review report includes an emphasis of matter regarding pending comprehensive verification of trade receivables, trade payables, and loans and advances balances, which requires direct confirmations from external parties and reconciliation with internal records.