Modern Insulators reports strong half-year earnings, eyes amalgamation

Modern Insulators Limited recorded a standalone profit before tax of INR 3,777.78 lacs for the half year ended September 30, 2025, a substantial increase from INR 2,018.04 lacs in the previous year. Total standalone revenue for the half year reached INR 33,029.74 lacs, up from INR 22,944.02 lacs in the prior year. The company's basic earnings per share on a standalone basis for the half year stood at INR 7.14, compared to INR 4.43 previously.

On a consolidated basis, the profit before tax for the half year ended September 30, 2025, was INR 3,606.41 lacs, with total revenue reaching INR 31,786.20 lacs. Consolidated basic earnings per share for the half year were INR 6.75. The company notes that no provision for taxation has been made due to a proposed amalgamation under the Companies Act, 2013.

The financial results were reviewed by the audit committee and approved by the board of directors on November 6, 2025. Modern Insulators has also opted for the concessional tax regime under section 115BAA of the Income Tax Act, 1961, and has restated deferred tax assets/liabilities accordingly.