ALPHA TRIBE

Abhishek Corporation LimitedOthers, 01-06-2025: Copy of Newspaper Publication

01-06-2025 | 08:49 pm

Mahaalaxmi Texpro Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company’s total income dropped to ₹462.21 lakh from ₹942.79 lakh last year, reporting a net loss after tax of ₹2,528.52 lakh compared to a net profit of ₹90,520.06 lakh previously. This sharp swing is due to the sale of the company as a going concern, leading to one-time exceptional adjustments like liability derecognition and asset impairments. Earnings per share fell to a loss of ₹75.04 from earnings of ₹565.45, highlighting significant restructuring effects.

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