Maha Rashtra Apex Corporation Limited — Results, 10-02-2025: Integrated Filing- Financial

Maha Rashtra Apex Corporation Limited has announced a board meeting to review the financial results for the quarter and nine months ended December 31, 2024. The unaudited standalone revenue from operations for the quarter stood at ₹5.09 crore, while the total income was ₹6.16 crore. The company reported a profit of ₹5.71 crore for the period. However, a qualified opinion was expressed regarding unaccounted delayed interest costs of ₹0.12 crore for the quarter and ₹0.36 crore for the nine-month period, leading to an overstatement of profit. This situation raises concerns over financial transparency, potentially impacting investor sentiment amidst the company’s ongoing operational challenges.