Q1 FY27 Results: Revenue up 48%, Consolidated Loss Narrows to Rs 19.4 Cr
MCCHRLS-B · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Revenue from operations grew to Rs 322.33 million from Rs 218.01 million YoY. Consolidated net loss narrowed to Rs 194.13 million versus Rs 209.28 million. Standalone turned profitable at Rs 217.56 million versus a loss of Rs 47.87 million. Board approved a related party transaction with Embassy Services for electricity supply worth Rs 3.5 crore. Extended ICD tenure with subsidiary Mac Charles Hub Projects by 5 years. Subsidiary issued NCDs worth Rs 4,400 million and refinanced term loan with SBI.
Strong revenue growth and standalone turnaround, but consolidated reserves remain negative and finance costs are high at Rs 424 million.