Unaudited Financial results December 2025
Awaiting price reaction for this filing.
The Board approved unaudited Q3 FY26 and 9M FY26 results on February 13, 2026. The company has rebranded from Abhishek Corporation Limited to Mahaalaxmi Texpro Limited and operates in a single textile segment. Q3 FY26 showed a net profit of Rs. 346.93 lakhs versus a loss of Rs. 68.34 lakhs in Q3 FY25, largely helped by an exceptional item of Rs. 150.54 lakhs. However, for the nine months ended December 2025, the company posted a net loss of Rs. 830.07 lakhs, sharply wider than the Rs. 27.12 lakh loss in the same period last year. Total operating income of Rs. 123.82 lakhs appeared in Q3 FY26 (previously nil), suggesting a restart of business activity. The statutory auditor issued a clean limited review report with no qualifications.
Shareholders should note the auditor's report references the management being 'authorized by the Liquidator,' signalling ongoing liquidation proceedings and a serious going-concern risk. The Q3 profit is largely driven by a one-time exceptional gain and is not indicative of a turnaround, while cumulative losses remain heavy.