Mahasagar Travels Limited, a company operating in the tours and travels sector with a petrol pump segment, has disclosed its unaudited standalone financial results for the quarter and half-year ended September 30, 2025. The company reported a net loss of ₹13.43 lakh for the half-year period, indicating challenging market conditions in its operational segments.

Financial Performance

The company's financial results reveal some key insights into its current position:

The company's balance sheet shows an increase in total assets from ₹1,266.09 lakh as of March 31, 2025, to ₹1,433.89 lakh as of September 30, 2025. However, the negative equity position has worsened, moving from ₹(4.58) lakh to ₹(18.03) lakh over the same period.

Segment Performance

Mahasagar Travels operates in two main segments:

1. Tours & Travels
2. Petrol Pump

The company identified the Petrol Pump segment as its primary reportable segment. For the half-year ended September 30, 2025:

• The Tours & Travels segment reported a revenue of ₹969.36 lakh
• The Petrol Pump segment's revenue stood at ₹766.72 lakh

Audit Review

B.H. Advani Associates, the statutory auditors, conducted a limited review of the financial statements. They stated that nothing has come to their attention that causes them to believe that the financial results are not prepared in accordance with applicable accounting standards and other recognized accounting practices and policies.

Management's Statement

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on November 12, 2025. The company has prepared these results in accordance with the Companies (Indian Accounting Standard) Rules, 2015, as prescribed under section 133 of the Companies Act, 2013, and other recognized accounting principles generally accepted in India.

Outlook

While the company faces challenges as evidenced by the reported loss, the increase in total assets suggests potential investments or expansions. However, the widening negative equity position may raise concerns about the company's financial stability. Investors and stakeholders may need to closely monitor the company's performance in the coming quarters for signs of improvement or further deterioration.

Mahasagar Travels Limited will need to focus on improving its operational efficiency and exploring growth opportunities in both its Tours & Travels and Petrol Pump segments to address the current loss-making trend.

Mahasagar Travels Limited, a company operating in the Tours & Travels and Petrol Pump segments, has released its unaudited standalone financial results for the first quarter ended June 30, 2025. The company's performance shows a mixed picture across its business segments.

Financial Highlights

• Net sales from operations stood at ₹747.81 lacs, compared to ₹750.76 lacs in the same quarter last year, indicating a marginal decrease of 0.39%.
• The Tours & Travels segment generated revenue of ₹535.07 lacs with a segment result of ₹17.75 lacs.
• The Petrol Pump segment recorded revenue of ₹419.53 lacs with a segment result of ₹5.94 lacs.
• Total profit before tax was ₹15.88 lacs for the quarter.

Segment Performance

The Tours & Travels segment showed stronger profitability compared to the Petrol Pump segment, despite lower revenue contribution from the latter.

Corporate Governance

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on August 13, 2025. B H Advani & Associates, Chartered Accountants, conducted a limited review of the financial statements, as per regulatory requirements.

Management Commentary

Bhagchand G. Sukhwani, Managing Director & CEO of Mahasagar Travels Limited, stated in the company's filing, "The company has demonstrated resilience in a challenging market environment. While we saw a slight dip in overall net sales, our Tours & Travels segment performed well, contributing significantly to our profitability."

Looking Ahead

Mahasagar Travels Limited's diverse business model, encompassing both travel services and petrol pump operations, positions it to navigate market fluctuations. The company's ability to maintain near-stable revenue year-over-year suggests a degree of business resilience.

Note: The financial results mentioned in this article are unaudited and subject to limited review by the company's statutory auditors.