According to reports from Business Standard, Mishtann Foods experienced a dramatic decline in profitability during the quarter ended June 2026. The company's consolidated net profit fell 99.41% to ₹0.49 crore compared to ₹82.66 crore in the corresponding quarter of the previous year. This represents one of the most severe profit declines reported in recent corporate earnings.
As reported by Business Standard, the company's sales revenue declined 95.26% to ₹18.29 crore in Q1 FY27, down from ₹386.05 crore in the same quarter of the previous financial year. This substantial revenue contraction reflects significant operational challenges faced by the company during the quarter.
According to the financial data reported by Business Standard, the company's operating profit margin (OPM) improved to 6.34% in Q1 FY27 from 21.71% in the corresponding quarter of the previous year. However, this improvement in margin efficiency was insufficient to offset the massive revenue decline and resulted in the dramatic profit reduction.
As reported by Business Standard, the company's profit before depreciation and tax (PBDT) declined 99% to ₹0.87 crore from ₹83.34 crore in the previous year's quarter. Similarly, profit before tax (PBT) fell 99% to ₹0.77 crore compared to ₹83.23 crore in Q1 FY26. These figures indicate comprehensive financial deterioration across all profitability metrics during the quarter.
