We wish to inform you that meeting held today to consider and approve the financial result.
Awaiting price reaction for this filing.
Max Earth Resources Ltd reported strong financial performance for FY ended March 31, 2026. Total revenue increased by 59.7% to Rs. 2672.73 lakhs from Rs. 1685.27 lakhs in the previous year. Revenue from operations grew to Rs. 2329.41 lakhs (up from Rs. 1458.72 lakhs). Profit after tax surged 70% to Rs. 551.80 lakhs compared to Rs. 324.62 lakhs in FY 2024-25. EPS improved from Rs. 35.29 to Rs. 59.98 per share. The company has an accumulated loss of Rs. 1140.92 lakhs (reduced from Rs. 1692.70 lakhs). The auditor issued an unmodified opinion. Operating cash flow remained negative at -237.69 lakhs. The company operates in mining/stone crushing and telecom tower installation segments.
The company showed robust growth with 70% PAT increase and 60% revenue growth, indicating operational improvement. However, negative operating cash flow and accumulated losses remain concerns for investors. The unmodified audit opinion provides confidence in financial reporting accuracy.