In terms of Regulations 30 and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith the soft copy of the Annual Report which comprises ....
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Mount Housing and Infrastructure Ltd has submitted its Annual Report for FY 2024-25 and the notice for its 30th AGM scheduled on September 30, 2025. The company reported zero revenue from operations in FY25, down sharply from Rs. 201.62 lakhs in FY24, as it had completed its existing real estate projects and could not launch new ones on time. Other income of Rs. 23.88 lakhs was the only revenue source, leading to a loss after tax of Rs. 85.92 lakhs compared to a profit of Rs. 8.08 lakhs last year. Management stated a new project spanning about 2 lakh sq.ft has been launched in Coimbatore and more projects are being finalised to drive a turnaround. No dividend was recommended, and statutory auditors gave an unqualified report.
Shareholders face a loss-making year with zero operating revenue, though management expects a turnaround from new projects. Stock sentiment is likely weak in the near term until the new Coimbatore project starts generating revenue.