MM Rubber Company Limited, a player in the rubber industry, has released its financial results for the quarter ended September 30, 2025, showing a significant reduction in net loss compared to the previous year.

Financial Highlights

The company reported a net loss of ₹40.62 lakhs for the quarter, a substantial improvement from the loss of ₹258.38 lakhs in the corresponding quarter of the previous year. This represents an 84.3% reduction in net loss year-over-year.

However, revenue from operations saw a slight decline, decreasing to ₹1,030.12 lakhs from ₹1,085.43 lakhs in the same quarter last year, marking a 5.1% decrease.

Half-Year Performance

For the half-year period ended September 30, 2025, MM Rubber Company recorded a cumulative loss of ₹89.94 lakhs.

Expense Breakdown

The total expenses for the quarter stood at ₹1,070.74 lakhs. The largest component of these expenses was the cost of materials consumed, which amounted to ₹490.13 lakhs, representing approximately 45.8% of the total expenses.

Board Approval and Disclosure

The Board of Directors of MM Rubber Company Limited convened on November 10, 2025, to review and approve these unaudited financial results. The meeting, which began at 11:00 AM and concluded at 12:45 PM, was held in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.

The company has submitted the Un-Audited Financial Results along with the Limited Review Report from the auditors to the Bombay Stock Exchange, adhering to the regulatory requirements for listed entities.

While the reduction in net loss is a positive sign for MM Rubber Company, the slight decline in revenue and the continued loss position indicate that challenges remain.

MM Rubber Company Limited, a prominent player in the rubber industry, has announced significant changes to its board and audit structure during its 59th Annual General Meeting (AGM) held on September 25. The company has appointed two new Non-Executive Independent Directors and a new Secretarial Auditor, subject to shareholder approval.

New Independent Directors

The company has appointed Mr. Rohan Kuriyan and Mrs. Roshin Varghese as Non-Executive Independent Directors for a five-year term, from August 6 to August 5.

Mr. Rohan Kuriyan

• Current role: Manager – Corporate Affairs at Balanoor Plantations & Industries Ltd.
• Experience: 15 years in management
• Previous role: Tax consultant at Ernst & Young, specializing in International Taxation and advisory

Mrs. Roshin Varghese

• Background: Seasoned journalist and corporate executive
• Journalism experience: Worked for various newspapers including Sunday Mail, Indian Express, and The Australian (1986-2010)
• Recent corporate roles: CEO & MD at Devon Plantations & Industries Limited and Gmart Limited (2016-2023)

New Secretarial Auditor

MM Rubber Company has appointed Ms. Sharvari Sham Kulkarni of Sharvari Kulkarni and Associates as the company's Secretarial Auditor.

• Qualification: Associate Member of the Institute of Company Secretaries of India
• Experience: 9 years
• Appointment term: Five consecutive years, from FY 2025-26 to FY 2029-30

59th Annual General Meeting Highlights

The appointments were announced during the company's 59th AGM, conducted through video conferencing. Key points from the meeting include:

• Chairman: Mr. Kandathil Ashok Kuriyan, Independent Director & Chairman, presided over the meeting
• Operational highlights: Presented by Mr. Roy Mammen, Managing Director, for the Financial Year 2024-25
• Shareholder participation: Opportunity provided for questions and views
• Business items addressed: Ordinary and special business, including adoption of audited financial statements and re-appointment of Mr. Jacob Mammen as a director
• Meeting duration: Commenced at 11:00 AM and concluded at 11:32 AM
• Voting: Electronic voting facilitated for shareholders on proposed resolutions

These strategic appointments and the successful conclusion of the AGM demonstrate MM Rubber Company's commitment to strengthening its corporate governance and ensuring diverse expertise on its board. The new additions are expected to contribute significantly to the company's growth and strategic direction in the coming years.