Maharashtra Corporation Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results at their meeting held on February 10, 2026, which commenced at 4:00 PM and concluded at 5:10 PM.

Financial Performance Overview

The company's financial performance showed a significant decline compared to the previous year. For the quarter ended December 31, 2025, Maharashtra Corporation Limited reported zero revenue from operations, marking a substantial drop from ₹65.00 lakhs recorded in the corresponding quarter of the previous year.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company's performance continued to reflect challenges. Revenue from operations stood at ₹4.50 lakhs compared to ₹155.00 lakhs in the corresponding period of the previous year, representing a decline of over 97%.

Expense Structure

The company's expense structure for Q3FY26 included employee benefits expenses of ₹0.18 lakhs, depreciation and amortisation expenses of ₹2.85 lakhs, and other expenses of ₹0.53 lakhs. The total expenditure for the quarter amounted to ₹3.56 lakhs, significantly lower than ₹25.38 lakhs in Q3FY25.

Key Financial Indicators

The company maintained its paid-up equity share capital at ₹6,236.01 lakhs with a face value of ₹1.00 per share. The earnings per share for Q3FY26 was ₹(0.00) compared to ₹0.01 in Q3FY25. For the nine-month period, the basic and diluted earnings per share stood at ₹(0.01) against ₹0.01 in the corresponding period of the previous year.

Regulatory Compliance

The unaudited results were reviewed by the Audit Committee and received approval from the Board of Directors. The statutory auditors, Bhatter & Associates, Chartered Accountants, conducted a limited review of the unaudited financial results as required by SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015. The company operates in a single segment, and the financial results are available on the company's website at www.mahacorp.in and BSE website at www.bseindia.com .

Maharashtra Corporation Limited has announced the resignation of its Company Secretary and Compliance Officer, marking a key leadership transition at the company.

Resignation Details

Ms. Meenu Sharma, who served as Company Secretary and Compliance Officer, has tendered her resignation from the position effective December 23, 2025. The resignation was formally submitted through a letter dated December 20, 2025, and she will be relieved from her duties at the close of business hours on December 23, 2025.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Maharashtra Corporation Limited formally notified BSE Limited about this development, providing all required details as mandated by the listing regulations.

The notification was signed by Director Ravi Kumar Rajak (DIN: 09438686) and submitted to BSE Limited with the company's scrip code 505523. As part of the resignation process, the company will file necessary forms with the Registrar of Companies and the Ministry of Corporate Affairs.

Company Information

Maharashtra Corporation Limited operates from its registered office located at 907-908, Dev Plaza, 9th Floor, Opposite Andheri Fire Station, SV Road, Andheri-West, Mumbai-400058, Maharashtra. The company, incorporated in 1982 with CIN L71100MH1982PLC028750, maintains its corporate governance standards through proper regulatory disclosures and compliance procedures.