MT Educare Limited — Important, 13-08-2025: Updates

MT Educare, under insolvency, reported Q1 FY25-26 results with consolidated revenue of Rs. 6.91 Cr and a net loss of Rs. 13.68 Cr. Auditors issued a 'disclaimer of conclusion,' citing major uncertainties. These include unconfirmed liabilities (Rs. 94.99 Cr claims admitted), unrecorded interest expenses/income, and significant doubt on the company's ability to continue as a going concern. Substantial overdue receivables (Group Rs. 111.08 Cr) also remain. A resolution plan is awaiting NCLT approval. The company also announced an AGM to approve board and auditor re-appointments.