Mahaveer Infoway Limited announced its unaudited financial results for the quarter and nine months ended 31st December 2025. The Board of Directors approved these results at their meeting held on 10th February 2026, following review by the Audit Committee.

Quarterly Financial Performance

The company delivered steady performance in Q3FY26 with consistent revenue generation and profitability across quarters.

Nine-Month Performance Overview

For the year-to-date period ending 31st December 2025, Mahaveer Infoway demonstrated solid operational performance with revenue of ₹210.93 lakhs and net profit of ₹17.52 lakhs, compared to revenue of ₹248.33 lakhs and net profit of ₹30.71 lakhs in the corresponding period of the previous year.

Segment-wise Performance

The IT & Consultancy segment continued to be the primary revenue contributor for the company:

• IT & Consultancy Segment: Generated ₹68.26 lakhs in Q3FY26 revenue with segment results of ₹13.60 lakhs
• Mobiles Segment: Reported segment loss of ₹8.53 lakhs for the quarter
• Educational Segment: Remained inactive with no revenue contribution

Financial Position and Cash Flow

As of 31st December 2025, the company maintained total assets of ₹728.16 crores with equity of ₹415.94 crores. The cash and cash equivalents stood at ₹7.91 lakhs compared to ₹5.88 lakhs as of 31st March 2025.

Key balance sheet highlights include:

Operational Expenses and Profitability

The company's total expenses for Q3FY26 were ₹63.53 lakhs, resulting in a profit before tax of ₹4.74 lakhs. Major expense components included employee costs of ₹38.26 lakhs, other expenses of ₹13.08 lakhs, and purchases of ₹8.93 lakhs.

The company maintained its paid-up equity share capital at ₹550.90 lakhs with a face value of ₹10 per share. The results are available on the company's website at www.mahaveerinfoway.com and comply with SEBI listing regulations.

Mahaveer Infoway Limited has reported a significant off-market share transaction between two of its promoters. The company disclosed that Mrs. Badam Bai Kothari sold 2,14,700 equity shares, representing a 3.89% stake in the company, to Mr. Ashok Kumar Jain for a total consideration of Rs. 21.47 lakh.

Transaction Details

The off-market transfer, which took place on September 4, 2025, has resulted in a reshuffling of the promoter shareholding structure:

• Mrs. Badam Bai Kothari's shareholding reduced from 2,14,700 shares (3.89%) to zero.
• Mr. Ashok Kumar Jain's holding increased from 15,43,328 shares (28.01%) to 17,58,028 shares (31.91%).

Regulatory Compliance

Both parties involved in the transaction have filed the required disclosures under the Securities and Exchange Board of India (SEBI) regulations. These include:

1. Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
2. Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015

Company Overview

Mahaveer Infoway Limited's total equity share capital remains unchanged at 55,09,000 shares following this transaction.

Market Impact

While this transaction represents an internal transfer between promoters, it signifies a consolidation of ownership within the promoter group. Mr. Ashok Kumar Jain now holds a more substantial stake in the company, potentially influencing future decision-making processes.

Investors and market participants may want to take note of this change in the promoter shareholding pattern, as it could have implications for the company's governance and strategic direction going forward.

The company has duly informed the stock exchange about this transaction, ensuring transparency and compliance with regulatory requirements.