Mystic Electronics posts ₹7.63 lakh profit on other income

Mystic Electronics Limited reported net profit of ₹7.63 lakh for the quarter ended 30 September 2026, as ₹16.22 lakh of other income accounted for all disclosed total income and the filing showed no amount for revenue from operations. Profit after tax was ₹6.02 lakh in the corresponding quarter ended 30 September 2025.

How did Mystic Electronics generate its September-quarter profit?

Mystic Electronics generated its reported September-quarter profit from other income rather than a disclosed operating-revenue figure. Its unaudited results show a blank revenue-from-operations line, ₹16.22 lakh of other income and total income of the same ₹16.22 lakh for the quarter ended 30 September 2026.

Employee benefits expense was ₹3.53 lakh and other expenses were ₹2.50 lakh, bringing total expenses to ₹6.02 lakh. The statement carried dashes for cost of materials consumed, purchases of stock-in-trade, inventory changes, finance costs, and depreciation and amortisation, leaving profit before tax at ₹10.20 lakh.

Current tax of ₹2.57 lakh reduced the pre-tax profit to net profit of ₹7.63 lakh. Basic and diluted earnings per share were each ₹0.04 for the quarter, against paid-up equity share capital of ₹19.7663 crore with a face value of ₹10 per share.

How did Mystic Electronics' quarterly profit compare with earlier periods?

Mystic Electronics' net profit was ₹0.11 lakh lower than the preceding quarter but ₹1.61 lakh higher than a year earlier. Net profit was ₹7.74 lakh in the quarter ended 30 June 2026 and ₹6.02 lakh in the quarter ended 30 September 2025, compared with ₹7.63 lakh in the latest quarter.

Other income increased to ₹16.22 lakh from ₹6.91 lakh a year earlier, a change of ₹9.31 lakh, while total expenses rose to ₹6.02 lakh from ₹4.99 lakh. Profit before tax consequently increased to ₹10.20 lakh from ₹2.02 lakh, although tax treatment differed materially between the two periods.

The September 2025 quarter included a negative total tax expense of ₹4 lakh, whereas the latest quarter reported current tax expense of ₹2.57 lakh. Total comprehensive income was ₹7.63 lakh in the latest quarter, compared with ₹10.99 lakh a year earlier because the prior period included ₹4.90 lakh of other comprehensive income.

What does Mystic Electronics' half-year result show?

Mystic Electronics reported net profit of ₹15.37 lakh for the half year ended 30 September 2026, compared with a net loss of ₹2.07 lakh for the corresponding half year ended 30 September 2025. Total income for the latest half year was ₹32.36 lakh, all reported as other income, while no revenue-from-operations amount was disclosed.

Employee benefits expense was ₹7.22 lakh and other expenses were ₹4.61 lakh for the six months, producing total expenses of ₹11.92 lakh. This left profit before tax of ₹20.54 lakh, compared with a loss before tax of ₹6.08 lakh in the corresponding prior-year half year.

Tax expense was ₹5.17 lakh in the latest half year, against a negative tax expense of ₹4.01 lakh in the prior-year period. The cash-flow statement separately records interest received of ₹32.36 lakh during the half year, equal to reported other income, though the results statement does not provide a line-by-line composition of other income.

Basic and diluted earnings per share for the six months were ₹0.08, versus a loss per share of ₹0.01 in the corresponding prior-year period. Mystic Electronics also reported total comprehensive income of ₹15.37 lakh, compared with a comprehensive loss of ₹2.03 lakh in the half year ended 30 September 2025.

What did Mystic Electronics report on its balance sheet and cash?

Mystic Electronics reported total assets of ₹29.1249 crore and total equity of ₹29.0531 crore as at 30 September 2026. The accompanying statement labels its comparative balance-sheet date as 31 March 2025, with total assets of ₹28.9137 crore and total equity of ₹28.8994 crore.

Non-current investments were ₹12.2134 crore at 30 September 2026, unchanged from the comparative amount. Current loans were ₹16.3594 crore, compared with ₹16.164 crore in the labelled comparative column, while other financial assets rose to ₹52.56 lakh from ₹50 lakh.

Cash and cash equivalents stood at ₹1.60 lakh, comprising ₹0.19 lakh in cash in hand and ₹1.41 lakh in bank balances. The balance sheet showed no borrowings under either non-current or current liabilities, while current liabilities totalled ₹7.18 lakh, including provisions of ₹5.17 lakh and other current liabilities of ₹2.01 lakh.

The cash-flow statement shows opening cash and cash equivalents of ₹2.59 lakh and closing cash and cash equivalents of ₹1.60 lakh for the half year ended 30 September 2026. That statement also reports a net increase in cash and cash equivalents of negative ₹6.16 lakh, while the individual cash balance table records the stated closing balance of ₹1.60 lakh.

What review and segment disclosures accompanied Mystic Electronics' results?

Mystic Electronics said its Audit Committee reviewed, and its board approved, the unaudited quarter and half-year results on 13 November 2026. The board meeting began at 1:00 p.m. and concluded at 2:55 p.m., according to the filing made under Regulations 30 and 33 of the Securities and Exchange Board of India listing regulations.

The statutory auditors subjected the results to limited review, rather than the filing describing them as audited results. Mystic Electronics also said its business activity falls within a single operating segment, so the disclosure requirements of Indian Accounting Standard 108, or Ind AS 108, were not applicable.

The company stated that any provision for deferred-tax liability would be made at the end of the year. Its results statement showed no deferred-tax expense in the quarter or half year ended 30 September 2026, while current tax was ₹2.57 lakh for the quarter and ₹5.17 lakh for the half year.

Conclusion

Mystic Electronics reported a profitable September 2026 quarter and half year, with net profit of ₹7.63 lakh and ₹15.37 lakh respectively. The filing shows that other income, not a disclosed revenue-from-operations amount, supplied all reported total income of ₹16.22 lakh in the quarter and ₹32.36 lakh in the half year.

The next results will show whether Mystic Electronics discloses any revenue from operations and how its other-income line develops after the ₹32.36 lakh recorded in the first half. Readers can also watch for the year-end deferred-tax provision that management said would be made, if applicable.