Mirza International's Q3 FY 2025-26 Quarterly Results
- 08 Feb 2026
Result Summary
- Mirza International Ltd reported a 27.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 3.7%.
- Its expenses for the quarter were down by 20.3% QoQ and up 5.1% YoY.
- The net profit decreased 440.0% QoQ and increased 28.5% YoY.
- The earnings per share (EPS) of Mirza International Ltd declined at 0.53 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 119.14 | 164.94 | 114.92 | -27.8% | 3.7% |
Total Expenses | 129.07 | 161.86 | 122.75 | -20.3% | 5.1% |
Profit Before Tax | -9.93 | 3.08 | -7.83 | -422.4% | 26.8% |
Tax | -2.62 | 0.93 | -2.15 | -381.7% | 21.9% |
Profit After Tax | -7.31 | 2.15 | -5.69 | -440.0% | 28.5% |
Earnings Per Share | -0.53 | 0.16 | -0.41 | -431.3% | 29.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Mirza International Ltd is a company engaged in the manufacturing and export of leather footwear and accessories. It operates primarily in the footwear industry, known for its various brands and product lines catering to both domestic and international markets. The company is recognized for its craftsmanship and quality products, which include shoes, belts, and other leather accessories. As of the latest information, there have been no specific major developments reported that significantly alter its operations or market position.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), Mirza International Ltd reported a total income of ₹119.14 crores. This represents a decrease of 27.8% compared to the previous quarter (Q2FY26), where the total income was ₹164.94 crores. However, on a year-over-year basis, the total income showed a modest increase of 3.7% from ₹114.92 crores in the same quarter of the previous year (Q3FY25). The decline in quarterly revenue could be attributed to various operational or market factors, while the annual growth suggests some level of improvement or expansion in their operations or market reach over the year.
Profitability
The profitability of Mirza International Ltd showed a challenging scenario in Q3FY26. The company reported a loss before tax of ₹9.93 crores, which was a substantial decline from the profit before tax of ₹3.08 crores recorded in Q2FY26. On a year-over-year basis, the loss before tax widened from ₹7.83 crores in Q3FY25, indicating an increase of 26.8%. After accounting for taxes, the net loss reported was ₹7.31 crores in Q3FY26, compared to a profit after tax of ₹2.15 crores in Q2FY26. On an annual comparison, the net loss increased by 28.5% from ₹5.69 crores in Q3FY25. Additionally, the earnings per share (EPS) was negative ₹0.53 in Q3FY26, compared to a positive ₹0.16 in the previous quarter, and negative ₹0.41 in Q3FY25, reflecting a 29.3% increase in net loss per share over the year.
Operating Metrics
The operating expenses of Mirza International Ltd in Q3FY26 amounted to ₹129.07 crores, marking a reduction of 20.3% from the previous quarter's expenses of ₹161.86 crores. However, the expenses increased by 5.1% compared to ₹122.75 crores in Q3FY25. This indicates a fluctuation in operational costs, which could be due to changes in production levels, cost management strategies, or other external factors impacting the company's expenditure. The tax expense for the quarter was reported as a negative ₹2.62 crores, reflecting a tax credit or adjustment, which was a significant change from the tax expense of ₹0.93 crores in Q2FY26. Year-over-year, the tax credit increased from negative ₹2.15 crores in Q3FY25, showing a 21.9% change. These financial metrics highlight the variations in income and expense management over the quarters and the fiscal year.