Mahaalaxmi Texpro Q1 FY27 loss widens amid liquidation

Mahaalaxmi Texpro (formerly Abhishek Corporation) reported Q1 FY27 standalone net loss of Rs 20.68 lakhs versus Rs 15.37 lakhs loss in Q1 FY26. Full year FY26 audited loss stood at Rs 135.54 lakhs. EPS came in at negative 0.61 versus negative 0.46 a year ago. Revenue remains negligible. The auditor review note references a Liquidator, indicating ongoing liquidation proceedings. Board also appointed Prathamesh Gaikwad as non-executive independent director for 5 years.