Mamata FY26 profit falls 63% on US tariff headwinds
Published on: June 2, 2026, 7:06 a.m. | Source: scanx.trade
Mamata Machinery reported a 63% decline in FY26 consolidated net profit to ₹1,505 million, with revenue falling 8% to ₹23,300 million due to a 50% drop in US business. Q4 profit plunged to ₹1 million amid exceptional labour code costs and margin pressure. Despite headwinds, the firm secured key orders and expects a return to growth in FY27.
