Pursuant to the provisions of Regulation 30 and other applicable Regulations of the Securities and Exchange Board of India to consider and approve : The audited financial statements of ....
Awaiting price reaction for this filing.
The Board of Directors of Max Earth Resources Limited (formerly Max Alert Systems Ltd) on May 30, 2025 approved audited financial results for the half-year and year ended March 31, 2025. The company reported a dramatic turnaround, with revenue from operations jumping from Rs. 0 in FY24 to Rs. 1,458.72 lakhs in FY25, and a profit after tax of Rs. 324.62 lakhs versus a loss of Rs. 86.23 lakhs in the previous year. EPS swung from negative Rs. 8.94 to positive Rs. 35.29. The Board also appointed M/s Amruta Giradkar & Associates as Secretarial Auditor for 5 years (FY26–FY30) and re-appointed M/s KKAB & Co LLP as Internal Auditor for FY26. The company's name has been changed to Max Earth Resources Limited.
Strong operational turnaround with revenue and profit growth is positive for shareholders, but the auditor flagged that internal financial controls need strengthening and noted material uncertainties about the company's ability to meet liabilities over the next 12 months, plus negative operating cash flow of Rs. 210.29 lakhs – investors should weigh the profit recovery against these weak control and liquidity signals.