The Board has approved the appointment of Secretarial Auditor of the company for the financial year 2024-25.
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Max Heights Infrastucture Limited held a board meeting on 23rd May 2025 where it approved audited financial results for Q4 and full year ended 31st March 2025. Revenue from operations fell sharply to ₹111.08 lakhs in Q4 FY25 versus ₹812.77 lakhs in Q4 FY24, and full-year revenue dropped to ₹462.05 lakhs from ₹2,289.76 lakhs in FY24. The company swung to a net loss of ₹39.98 lakhs for FY25, compared with a net profit of ₹30.81 lakhs in FY24, mainly due to lower real-estate segment income. The statutory auditor, M/s Chitranjan Agarwal & Associates, issued an unqualified (clean) opinion on the results. Separately, the Board appointed Shailendra Roy & Associates, a practicing company secretary firm, as Secretarial Auditor for FY 2024-25.
The sharp drop in revenue and the swing from profit to loss are negative signals for shareholders and likely to weigh on the stock. However, the clean audit report and zero outstanding qualified borrowings indicate no major governance or solvency red flags.