Maxheights Infrastructure Ltd — Board Meeting, 23-05-2025: Board Meeting

Max Heights Infrastructure Limited has announced a board meeting on which it approved the financial results for the quarter and half-year ended March 31, 2025, along with the audit report. The statutory auditors, Chitranjan Agarwal & Associates, issued an unmodified opinion on these results. The company reported a net loss of Rs. 28.44 lakh for the quarter and Rs. 39.98 lakh for the year, compared to a net profit of Rs. 45.62 lakh and Rs. 30.81 lakh in the corresponding previous periods. Revenue from operations stood at Rs. 111.03 lakh for the quarter and Rs. 458.00 lakh for the year. Segment-wise, real estate contributed most to revenue but incurred losses, while finance showed profitability. The board approved the appointment of Shailendra Roy & Associates as the Secretarial Auditor for FY 2024-25. The company reported no outstanding qualified borrowings or defaults and disclosed related party transactions, including loans and remunerations.