Outcome of Board Meeting held on November 08, 2025.
MAJESAUT · price
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The Board of Majestic Auto Ltd, at its meeting on November 8, 2025, approved the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2025. Standalone Q2 FY26 PAT came in at Rs 949.69 lakhs, up sharply from Rs 359.91 lakhs in Q1 FY26. Consolidated H1 FY26 PAT surged to Rs 10,048.51 lakhs (vs Rs 1,822.65 lakhs in H1 FY25), driven primarily by a one-time exceptional gain of Rs 9,346.16 lakhs from the sale of its entire stake in subsidiary Emirates Technologies Pvt Ltd (ETPL) for Rs 196 crore. The company also received Rs 8 crore in Q2 as part of advance against the sale of a Greater Noida plot to Cyrrus Manufacturing LLP (total advance Rs 109.74 crore out of Rs 128.50 crore). Mr. Nishant Sharma (ICSI Membership No. A75294) was appointed as the new Company Secretary and Compliance Officer (KMP) with immediate effect.
Operational results show improving sequential profitability, while the consolidated bottom line got a major lift from a one-time subsidiary sale gain, which is non-recurring in nature. The ongoing plot divestment and subsidiary sale indicate the company is continuing to monetize legacy assets and shift focus toward real estate, which is now reported as its primary operating segment.