Newspaper publication
Awaiting price reaction for this filing.
Mahaalaxmi Texpro Limited (formerly Abhishek Corporation Limited) submitted copies of newspaper advertisements containing its unaudited financial results for the quarter ended June 30, 2025, as required under SEBI Listing Regulations. For Q1 FY26, the company reported a net loss of ₹20.68 lakhs, a sharp improvement from the ₹246.29 lakh loss in the same quarter last year. Total income from operations stood at around ₹46.21 lakhs for the quarter. Basic and diluted earnings per share for the quarter was a negative ₹0.61, compared to a negative ₹1.54 in Q1 FY25. Equity share capital remained at ₹336.96 lakhs with reserves of ₹388.84 lakhs. The results were reviewed by the Audit Committee and approved by the Board on August 14, 2025.
The loss has narrowed dramatically year-on-year, suggesting the company is moving towards breakeven, though it continues to post losses. There is no immediate positive catalyst for shareholders, and the stock may remain under pressure given the weak fundamentals and the ongoing name-change transition.