Mahalaxmi Fabric Mills returns to profit in Q4FY25
Mahalaxmi Fabric Mills Limited reported a consolidated net profit of ₹722.96 lakh for Q4FY25, driven by an exceptional insurance gain of ₹1284.88 lakh following a factory fire. Full-year FY25 consolidated net profit stood at ₹791.07 lakh, a turnaround from the previous year's ₹142.27 lakh profit. Standalone net profit for the year was ₹361.59 lakh, reversing the prior year's loss of ₹191.83 lakh.
*this image is generated using AI for illustrative purposes only.
Mahalaxmi Fabric Mills Limited returned to profitability in the fourth quarter of FY25, reporting a consolidated net profit of ₹722.96 lakh, aided by an exceptional insurance gain following a major fire incident at its factory. The company's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2025, on May 29, 2025.
The financial performance was significantly impacted by a fire that broke out at the factory premises on November 24, 2024, causing extensive damage to assets and inventories. The company recognized an exceptional item of ₹1284.88 lakh during the quarter, representing the estimated insurance claim receivable over and above the book value of the damaged fixed assets. This gain was instrumental in offsetting operational losses and turning the bottom line positive.
On a consolidated basis, total revenue for Q4FY25 stood at ₹2715.63 lakh, a decrease from ₹4468.16 lakh in the corresponding quarter of the previous year. Total expenditure for the quarter was ₹2935.96 lakh. Before accounting for the exceptional item, the company reported a loss from operations of ₹220.33 lakh. For the full year FY25, consolidated revenue declined to ₹15518.98 lakh from ₹17036.76 lakh in FY24, while the net profit for the year reached ₹791.07 lakh compared to a net profit of ₹142.27 lakh in the prior year.
Standalone financial results for Q4FY25 showed a net profit of ₹656.76 lakh, compared to ₹137.79 lakh in the same period last year. Standalone revenue from operations for the quarter fell to ₹478.91 lakh from ₹2088.58 lakh in Q4FY24. The standalone figures also included the exceptional insurance gain of ₹1284.88 lakh, which helped the company report a profit for the period despite a decline in operational income. For the full fiscal year, the standalone net profit was ₹361.59 lakh, reversing the net loss of ₹191.83 lakh reported in FY24.
The company's subsidiary, Mahalaxmi Exports Private Limited, contributed to the consolidated results, reporting total assets of ₹4735.26 lakh and a net profit after tax of ₹429.48 lakh for the year ended March 31, 2025. M/s. Bhanwar Jain & Co., Chartered Accountants, the statutory auditors, issued an unmodified opinion on the audited financial results. The management expressed confidence that the final insurance claim would be settled in due course, with necessary adjustments to be made upon final determination by the insurer.
Consolidated Financial Results (₹ in Lakhs)
| Particulars | Q4FY25 (Audited) | Q4FY24 (Audited) | FY25 (Audited) | FY24 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 2636.05 | 4306.65 | 15252.99 | 16644.98 |
| Total Revenue | 2715.63 | 4468.16 | 15518.98 | 17036.76 |
| Total Expenditure | 2935.96 | 4163.50 | 15746.82 | 16823.49 |
| Profit before tax | 1064.55 | 304.66 | 1057.04 | 213.27 |
| Net Profit for the period | 722.96 | 293.87 | 791.07 | 142.27 |
Standalone Financial Results (₹ in Lakhs)
| Particulars | Q4FY25 (Audited) | Q4FY24 (Audited) | FY25 (Audited) | FY24 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 478.91 | 2088.58 | 6345.38 | 8750.51 |
| Total Revenue | 528.30 | 2213.23 | 6488.96 | 9025.02 |
| Total Expenditure | 837.28 | 2118.44 | 7290.31 | 9259.61 |
| Profit before tax | 975.91 | 94.79 | 483.53 | -234.59 |
| Net Profit for the period | 656.76 | 137.79 | 361.59 | -191.83 |
Historical Stock Returns for Mahalaxmi Fabric Mills
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.64% | +2.01% | -2.79% | -8.51% | -21.76% | -79.19% |
What is the expected timeline for the restoration of full production capacity following the November 2024 fire incident?
How does the company plan to address the year-over-year decline in revenue from operations in the upcoming fiscal year?
Will there be any significant variance between the estimated insurance claim recognized and the final settlement amount?
18
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
