Maharashtra Scooters Limited — Important, 21-10-2024: Financial Result Updates

Maharashtra Scooters Limited reported its unaudited financial results for the quarter and half-year ending September 30, 2024. Total revenue from operations was ₹16,339 lakh, a significant increase from ₹8,857 lakh in the previous half-year. The company experienced a profit after tax of ₹15,116 lakh. Notably, it incurred a ₹1,408 lakh expense related to a Voluntary Separation Scheme. The manufacturing operations have been deemed unviable, and the company will now operate as an unregistered Core Investment Company.