Maharashtra Scooters Limited announced its unaudited financial results for the quarter and nine months ended 31 December 2025, showcasing strong performance across key financial metrics. The company's Board of Directors approved these results during a meeting held on 12 January 2026.

Quarterly Performance Highlights

The company delivered solid quarterly results with notable improvements in profitability. Net profit for Q3FY26 reached ₹412.00 lakh compared to ₹330.00 lakh in Q3FY25, marking a growth of 24.85%. Total income for the quarter stood at ₹644.00 lakh, down from ₹649.00 lakh in the corresponding quarter of the previous year.

Nine-Month Performance Shows Exceptional Growth

The nine-month period demonstrated remarkable financial performance with significant year-over-year improvements. Net profit for the nine months ended 31 December 2025 reached ₹30,655.00 lakh, representing an impressive 88.37% increase from ₹16,272.00 lakh in the corresponding period of FY25.

Revenue Composition and Business Focus

The company's revenue structure reflects its current positioning as primarily an investment entity. For Q3FY26, interest income contributed ₹618.00 lakh to total revenue of ₹644.00 lakh. The nine-month period saw substantial dividend income of ₹28,602.00 lakh compared to ₹15,627.00 lakh in the previous year, contributing significantly to the overall revenue growth.

Comprehensive Income and Other Financial Metrics

Total comprehensive income for Q3FY26 was ₹4,126.00 lakh, a significant improvement from the loss of ₹443,254.00 lakh in Q3FY25. For the nine-month period, total comprehensive income reached ₹244,314.00 lakh compared to a loss of ₹51,848.00 lakh in the previous year. The company maintained its paid-up equity share capital at ₹1,143.00 lakh with a face value of ₹10 per share.

Tax Efficiency and Operational Management

The company demonstrated effective tax management during the nine-month period, with a net tax credit of ₹302.00 lakh compared to a credit of ₹949.00 lakh in the previous year. This included a write-back of ₹769.00 lakh in tax provisions due to deductions available under section 80M of the Income Tax Act. Total expenses remained well-controlled at ₹320.00 lakh for the nine-month period, significantly lower than ₹1,114.00 lakh in the corresponding previous period.

Maharashtra Scooters Limited announced its unaudited financial results for the quarter and nine months ended 31 December 2025. The company's Board of Directors approved these results at a meeting held on 12 January 2026, which commenced at 2:25 p.m. and concluded at 2:55 p.m.

Quarterly Financial Performance

The company's Q3FY26 performance showed steady operational results across key metrics:

Revenue composition for Q3FY26 included interest income of ₹618 lakh and net gain on fair value changes of ₹26 lakh. Total expenses for the quarter were ₹89 lakh, significantly lower than ₹218 lakh in the corresponding quarter of the previous year.

Nine-Month Performance Analysis

The nine-month period demonstrated exceptional financial performance, driven primarily by substantial dividend income:

The company's total expenses for the nine-month period were ₹320 lakh, substantially lower than ₹1,114 lakh in the previous year, reflecting improved operational efficiency.

Business Transformation and Current Operations

Maharashtra Scooters has transformed into primarily an investment company following the closure of its manufacturing operations. The company's business activity now falls within a single segment focused on investments. This strategic shift is reflected in the revenue composition, with dividend income and interest income forming the primary revenue streams.

Tax Position and Other Comprehensive Income

The company reported a favorable tax position for the nine-month period, with total tax expense showing a credit of ₹302 lakh compared to a credit of ₹949 lakh in the previous year. This included a tax provision write-back of ₹769 lakh due to deductions available under section 80M of the Income Tax Act, 1961.

Other comprehensive income for the nine-month period was ₹213,659 lakh, primarily from items that will not be reclassified to profit or loss, resulting in total comprehensive income of ₹244,314 lakh.

Corporate Governance and Compliance

The financial results were subjected to limited review by statutory auditors KKC & Associates LLP and were reviewed by the Audit Committee before Board approval. The company maintains its paid-up equity share capital at ₹1,143 lakh with a face value of ₹10 per share. Company Secretary Saurabh Erande communicated the results to both BSE and NSE as per regulatory requirements under SEBI Listing Regulations.