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Awaiting price reaction for this filing.
Mahaalaxmi Texpro Limited (formerly Abhishek Corporation Ltd) has published its audited financial results for Q4 and FY ended March 31, 2026. Total income from operations was Rs 80.60 lakh in Q4 and Rs 462.21 lakh for the full year. The company reported a net loss of Rs 8.43 lakh in Q4 and a net loss of Rs 135.54 lakh for FY26. The EPS for the year stood at Rs -4.02 per share (basic and diluted). This compares to a much larger net loss of Rs 2,528.52 lakh in the prior year FY25, indicating a significant improvement in losses year-on-year. The board approved the results in its meeting held on May 29, 2026.
Losses have narrowed substantially compared to the prior year, which is a positive sign, though the company remains in a loss-making position. The stock is suspended from trading, and investors should monitor for any revival plans given the persistent losses.