Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mac Hotels Limited has submitted its Annual Report for FY 2024-25 to BSE under Regulation 34(1) of SEBI LODR. Revenue from operations fell sharply to Rs. 371.66 lakhs compared to Rs. 596.84 lakhs in the previous year. Profit before tax improved to Rs. 40.04 lakhs (FY24: Rs. 28.35 lakhs), but profit after tax declined marginally to Rs. 27.92 lakhs (FY24: Rs. 31.54 lakhs). The Board has not recommended any dividend for the year. The 35th AGM is scheduled for 30th September 2025 at Dina Banquet Hall, Caranzalem, Goa, where shareholders will consider adopting the financial statements, reappointment of Managing Director Edgar Maximiano Do Rosario Cotta, appointment of M/s Jaymin Modi & Co. as Secretarial Auditors for five years, and regularization of Desiderio Anthony Misquita as Non-Executive Independent Director.
The sharp drop in revenue is a concern for shareholders, though profit before tax improved on better cost control. No dividend and a slight dip in bottom-line profit are unlikely to generate positive momentum in the stock; the announcements are largely procedural in nature.