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Maharashtra Corporation LtdBoard Meeting, 28-05-2025: Board Meeting

28-05-2025 | 07:53 pm

Maharashtra Corporation Limited has announced a board meeting outcome that includes approval of the audited financial results for the quarter and financial year ended March 31, 2025. The Board appointed M/s Kirti Sharma & Associates as Secretarial Auditor for five years starting April 2025, pending shareholder approval, and re-appointed Mr. Lakhpat M. Trivedi as Internal Auditor for FY 2025-26. The company reported a net loss of Rs. 76.32 lakh for the quarter and a net profit of Rs. 8.72 lakh for the year, with total income of Rs. 0.01 lakh (quarter) and Rs. 155.01 lakh (year). Total assets stood at Rs. 61.64 Cr, supported by equity of Rs. 61.79 Cr. Operating cash flow was strongly positive at Rs. 48.08 Cr, with significant investment in property, plant, and equipment of Rs. 49.09 Cr.

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