MKP Mobility Ltd — Others, 25-08-2025: Others

MKP Mobility reported a strong financial year, with standalone total income rising to Rs. 33.31 Cr and net profit at Rs. 0.94 Cr. Consolidated net profit, however, decreased to Rs. 0.28 Cr, impacted by the share of loss from its 49% stake in new associate MKP-Kataria Recycling Private Limited, a metal scrap and ELV recycling business, acquired last year with an investment of Rs. 1.30 Cr. The company's board has announced an Annual General Meeting to approve the financial results, reappoint and continue key directors, and update its Memorandum of Association by removing the textile business clause to align with its current automotive focus. The company also secured Rs. 3.33 Cr in current borrowings.