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

MT Educare has announced a board meeting to take on record the financial results for the quarter and half-year. The consolidated numbers show a challenging year with a net loss of Rs. 180.87 Cr and negative net worth of Rs. 151.67 Cr. Total income doubled to Rs. 108.33 Cr, but expenses soared to Rs. 276.46 Cr. The company is navigating insolvency resolution, focusing on cost cuts and recovering overdue receivables of Rs. 115.48 Cr. Multiple audit concerns highlight ongoing restructuring risks, while management stresses efforts to sustain operations and financial stability.