Meson Valves India Swings to ₹1,369.56 Lakh Net Loss for H1FY27 as Expenses Climb 83%

Meson Valves India Limited, now operating as Quest Flow Controls Limited, reported a net loss of ₹1,369.56 lakh for the half year ended September 30, 2026, reversing a profit of ₹150.49 lakh in H1FY26. Revenue from operations fell 6.6% to ₹2,258.52 lakh from ₹2,418.47 lakh, while total expenses rose 83% to ₹3,681.49 lakh, ScanX reported. The company makes industrial valves, including directional, pressure and flow-control cartridge valves.

Inside the H1FY27 Loss at Meson Valves

Total income for the period stood at ₹2,295.28 lakh, down 5.6% from ₹2,431.04 lakh, and fell short of total expenses of ₹3,681.49 lakh. The company recorded a loss before tax of ₹1,386.22 lakh, against a pre-tax profit of ₹161.55 lakh in H1FY26. Basic loss per share was ₹13.35, compared with earnings per share of ₹1.48 a year earlier.

Employee benefit expenses rose to ₹546.11 lakh from ₹344.63 lakh, and other expenses climbed to ₹998.26 lakh from ₹444.60 lakh. Depreciation and amortisation increased to ₹222.38 lakh from ₹197.23 lakh. Cost of material consumed decreased to ₹1,773.94 lakh from ₹1,045.45 lakh.

Cash and bank balances fell to ₹14.72 lakh as on September 30, 2026, from ₹708.69 lakh as on March 31, 2026. Net cash used in operating activities was ₹958.80 lakh for H1FY27, compared with ₹332.09 lakh in H1FY26. Trade receivables eased to ₹4,701.66 lakh from ₹5,035.28 lakh at the start of the fiscal year, while short-term borrowings rose to ₹186.54 lakh from ₹33.04 lakh.

Meson Valves Sets November 27 Vote Result Date

Quest Flow Controls has begun a postal ballot seeking shareholder consent to raise the annual remuneration of Executive Director and CEO Kishor Dhondhu Makvan to ₹1.20 crore from ₹90 lakh, effective August 1, 2026, through a special resolution. Shareholders will also vote on regularising Jitendra Ramdas Bhosale as a non-executive director, following his appointment as an additional director with effect from October 10, 2026.

E-voting runs from October 27, 2026, at 9:00 am to November 25, 2026, at 5:00 pm, with the cut-off date fixed as October 23, 2026. Results are to be declared on or before November 27, 2026.