This is to inform you that Board of Directors of the Company at their meeting held today, i.e. 06TH August 2025 ("the Board Meeting") has considered and approved the following: 1. Un-Audited ....
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MM Rubber Company reported weak Q1 FY26 (quarter ended 30 June 2025) results, with revenue from operations falling to ₹919.58 lakhs from ₹1,026.14 lakhs in the same quarter last year, a decline of about 10.4%. Total expenses of ₹969.34 lakhs exceeded total income of ₹920.02 lakhs, pushing the company into a net loss of ₹49.32 lakhs compared to a profit of ₹13.86 lakhs in Q1 FY25. Earnings per share turned negative at (₹0.79) versus ₹0.22 previously. The board also approved the FY25 Board's Report, fixed the AGM for 25 September 2025, and appointed two new Independent Directors (Mr. Rohan Kuriyan and Ms. Roshin Varghese). The auditor's limited review report was unqualified, with no qualifications or emphasis of matter noted.
The swing from profit to loss combined with a double-digit revenue decline is a negative signal for shareholders and may put short-term pressure on the stock price. The FY25 full-year loss of ₹368.35 lakhs now followed by another quarterly loss raises concerns about the company's earnings trajectory.