Newspaper publication
Awaiting price reaction for this filing.
Mahaalaxmi Texpro Limited (formerly Abhishek Corporation Limited) filed the newspaper publication of its audited financial results for the quarter and year ended 31 March 2025. For FY25, the company reported total income of Rs. 462.21 lakhs, down sharply from Rs. 942.79 lakhs in FY24, and a net loss after tax of Rs. 2,528.52 lakhs versus a profit of Rs. 90,520.06 lakhs in FY24. The FY24 profit was largely an exceptional, one-time gain because the company was auctioned and sold as a 'Corporate Debtor as a Going Concern' on 13 September 2023, leading to derecognition of old liabilities and impairment of assets. For Q4 FY25, the company posted a loss of Rs. 2,175.19 lakhs versus a profit of Rs. 91,073.97 lakhs in Q4 FY24. Basic EPS for FY25 was deeply negative at Rs. (75.04) versus Rs. 565.45 in FY24.
This filing reflects a return to a loss-making position after the one-time gains from the IBC-driven going-concern sale in FY24 have fully run through the books. With revenue under Rs. 5 crore and recurring operational losses, the stock remains a small, thinly-tracked name and shareholders should view the FY25 results as the 'normalized' post-restructuring baseline rather than a sign of further deterioration.