Abhishek Corporation Limited has informed the Exchange about Copy of Newspaper Publication
Awaiting price reaction for this filing.
Mahaalaxmi Texpro Limited (formerly Abhishek Corporation Limited) has published its audited financial results for Q4 and FY 2025-26. The company reported total income of Rs. 80.60 Lacs for Q4 and Rs. 462.21 Lacs for the full year. Despite generating revenue, the company incurred a net loss of Rs. 8.43 Lacs in Q4 and Rs. 135.54 Lacs for FY26. However, this represents a significant improvement from FY25 when the company reported a net loss of Rs. 520.36 Lacs. EPS improved from Rs. (75.04) in FY25 to Rs. (4.02) in FY26. The company has disclosed a contingent liability of Rs. 147.13 Lacs related to disputed Service Tax demands for the period October 2007 to March 2012, pending before CESTAT, Mumbai.
The company is showing a strong turnaround with losses reducing by about 74% year-on-year, which could be seen positively by investors. However, persistent losses and the large contingent tax liability remain concerns for shareholders.