MT Educare Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

MT Educare has announced a board meeting on the financial results for the quarter and half-year, approving audited standalone and consolidated results for FY 2024-25. Consolidated revenue rose to Rs. 108.33 Cr, but the company posted a net consolidated loss of Rs. 180.87 Cr, mainly due to exceptional items and provisions. Key assets include loans and trade receivables of Rs. 114.58 Cr, viewed as recoverable by management. The company is focused on cost rationalization by shutting loss-making centers and recovering dues, as it awaits approval of its resolution plan under Corporate Insolvency Resolution Process.