ABHISHEKNSEAbhishek Corporation Limited· Textiles - CottonMinimalNeutral
Announced Fri, 15 Aug · 17:26 IST

Abhishek Corporation Limited has informed the Exchange about Copy of Newspaper Publication

Revenue DeclineCompliance View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mahaalaxmi Texpro Limited, formerly known as Abhishek Corporation Limited, has filed copies of newspaper advertisements publishing its unaudited Q1 FY26 results. Total income from operations stood at ₹13.55 lakhs, a sharp drop from the previous year quarter. Net loss narrowed sharply to ₹20.68 lakhs, compared to a loss of ₹246.29 lakhs in Q1 FY25. Loss per share improved to (₹0.61) from (₹1.54) a year ago. The full-year FY25 had closed with a much larger loss of ₹2,528.52 lakhs. Results were approved by the Board on 14 August 2025.

Likely market impact

The sharp reduction in quarterly losses is a positive sign for shareholders, though the company remains in the red and revenue has collapsed. The simultaneous name change to Mahaalaxmi Texpro suggests a strategic reorientation toward the textile business, which may be worth tracking for future revenue recovery.