Mac Charles (India) Ltd. has announced a board meeting to approve the financial results for the quarter and half-year. The Board approved the audited standalone and consolidated financial results for the year ended March 31, 2025, with auditors issuing an unmodified opinion. The company reported a standalone net loss after tax of ₹590.75 million and a consolidated net loss of ₹1,057.77 million for the year. Total income stood at ₹731.02 million (standalone) and ₹305.83 million (consolidated). The company’s financial position includes borrowings of ₹10,467.50 million and equity of ₹4,077.09 million (standalone) and ₹1,024.72 million (consolidated). Mac Charles has complied with all financial covenants related to its secured non-convertible debentures (NCDs), maintaining a loan-to-value ratio of 15.32% and a security cover ratio above 7 times. Proceeds from NCD issuances were fully utilized as per stated purposes without deviation, primarily for project land acquisition and repayment of debentures. The financials continue to focus on the single business segment of electricity sale.