Financial Result Updates

Maha Rashtra Apex Corporation Limited has announced a board meeting on February 10, 2025, to approve the financial results for the quarter and nine months ending December 31, 2024. **Consolidated Financials:** For the quarter, the total income stood at ₹737.65 crore, showing a significant increase compared to the previous quarter. **Revenue Growth:** Total income of ₹737.65 crore reflects strong performance driven by market expansion and improved operational efficiency. **Profit and EPS:** The net profit for the quarter recorded a loss of ₹2711.61 crore, influenced mainly by prior year adjustments and increased exceptional items, resulting in basic and diluted EPS of (₹19.22). **Operational Costs:** Total expenses for the quarter were ₹240.91 crore, an increase from earlier periods, highlighting challenges in cost control and higher operational expenditures. **Balance Sheet & Cash Flow:** The company's balance sheet reflects continued liabilities and an outstanding amount of ₹3042.27 crore due under previous court orders.

However, cash flow management, particularly from subsidiaries, remains strong. **Strategic Position and Outlook:** The focus appears to be on navigating existing liabilities while also exploring growth through subsidiaries and investments. **Investor Insight:** Given the mixed financial results and substantial losses reported, a cautious approach is advisable.

This is a hold position until clearer signs of recovery and profitability emerge, especially in light of current operational pressures.