Maharashtra Scooters Limited has submitted to the Exchange, the un-audited financial results for the period ended 30 June 2025.
MAHSCOOTER · price
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Maharashtra Scooters Limited reported its unaudited financial results for the quarter ended 30 June 2025. Total revenue from operations stood at ₹2,927 lakh, sharply higher than ₹772 lakh in the same quarter last year, driven mainly by dividend income of ₹2,277 lakh (versus nil a year ago). Profit after tax jumped to ₹3,536 lakh from ₹826 lakh in Q1 FY25, boosted by an ₹863 lakh write-back of excess tax provisions; basic EPS rose to ₹30.9 from ₹7.2. The company, which shut its manufacturing factory at the end of FY25, now operates essentially as an investment company, with most of its income coming from interest, dividends, and fair-value gains on investments. Separately, the board approved the appointment of V. Rajagopalan and S. Ravikumar as Joint Managing Directors effective 1 August 2025, subject to shareholder approval.
Strong headline growth, but largely driven by one-off dividend receipts and a tax write-back rather than core operating performance, so underlying earnings may not be sustainable. The leadership change signals a focus on the company's new identity as an investment vehicle, which shareholders should track closely.