Mahamaya Steel Industries Limited — Important, 20-06-2025: Updates

Mahamaya Steel Industries Limited has announced a board meeting on 27th May 2025 to consider the financial results for the quarter and half-year. Revenue from operations increased to Rs. 236.17 Cr in the latest quarter, driving a before-tax profit of Rs. 8.65 Cr for the year. Net profit after tax rose to Rs. 6.20 Cr, supported by stable operational controls and a recognized electricity duty subsidy asset of Rs. 11.06 Cr, though its collection remains uncertain. Borrowings reduced from Rs. 6.32 Cr to Rs. 4.21 Cr over the year, aided by consistent cash flow from operations. Credit rating remains IVR BBB Stable.