Bengaluru : MRO-TEK Networks Ltd shared an update on its performance and key developments for the quarter ended September 30, 2026.
During the quarter, the Company continued to demonstrate steady operational performance across its business segments, supported by disciplined execution, a diversified business model and a continued focus on innovation and customer engagement. Compared to the corresponding quarter of the previous financial year, the Company recorded year-on-year revenue growth in its Products segment, while continuing to execute across its technology and real estate businesses.
Commenting on the Company’s performance, Mr. Aniruddha Mehta, Chairman and Managing Director, MRO-TEK Networks Ltd, said, “Our Q2 FY27 performance highlights the continued momentum in our Products business, alongside our focus on execution across business verticals. Despite evolving market conditions, we remain committed to strengthening our technology capabilities, improving operational efficiencies and advancing our ongoing real estate developments. Our priorities continue to be timely project execution, customer engagement and sustainable long-term value creation for our stakeholders.”
Products Segment
Despite continued volatility in the global electronics supply chain, the Company maintained a steady order pipeline and executed customer orders effectively through proactive supply chain planning, prudent inventory management and close customer engagement. The Products segment recorded revenue of ₹1,150.69 lakhs in Q2 FY27, compared to ₹733.59 lakhs in Q2 FY26, registering year-on-year growth of 56.86%. The segment continued to be a key contributor to the Company’s performance, supported by sustained demand for indigenous networking products and solutions.
The Company continued to invest in Research and Development, with a focus on indigenous network operating systems and next-generation switching technologies. Customer engagement across the telecom, enterprise and government sectors remained encouraging, supported by a healthy order pipeline. The Company remains focused on timely project execution and strengthening its presence in government and enterprise networking solutions.
Group Captain C.S. Krishnadas (Retd), Chief Executive Officer, MRO-TEK Networks Ltd, added, “The quarter required continued focus on supply chain planning and timely order execution amid volatility in the global electronics industry. Our teams remained committed to strengthening customer engagement, meeting project timelines and advancing our indigenous technology roadmap, including next-generation switching technologies. Going forward, we will continue to focus on execution, innovation and developing networking solutions aligned with evolving customer requirements.”
Solutions Segment
The Solutions segment recorded revenue of ₹277.70 lakhs in Q2 FY27, compared to ₹396.95 lakhs in Q2 FY26. The segment continued to execute ongoing projects in the telecom and digital infrastructure space while maintaining operational efficiency and customer service standards. The Company remains focused on timely project execution and strengthening its presence in government and enterprise networking solutions.
Real Estate Segment
The Real Estate segment continued to progress in line with planned execution schedules. Development activities at the Company’s ongoing projects, including Umiya Bricklane and Umiya Prism, continued during the quarter, with management focused on timely execution and long-term value creation. The segment recorded a revenue of ₹450.72 lakhs in Q2 FY27, compared to ₹1,260.29 lakhs in Q2 FY26.
During the quarter, promoter share acquisitions, wherever applicable, were duly disclosed to the Stock Exchanges in line with applicable disclosure requirements. The Company remains committed to maintaining high standards of corporate governance, operational excellence and regulatory compliance.
Looking ahead, the management remains focused on sustaining operational momentum across its technology and real estate businesses. With a healthy order pipeline, continued project execution and ongoing investments in innovation and manufacturing capabilities, the Company remains committed to building sustainable long-term growth and creating value for all stakeholders.
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