Max Heights Infrastructure Limited announced its Q3FY26 financial results for the quarter ended December 31, 2025, showing a return to profitability with improved performance compared to the same period last year. The company's Board of Directors approved the unaudited financial results during their meeting held on February 6, 2026.

Financial Performance Overview

The company reported mixed quarterly results with profitability returning but revenue declining sequentially. Net profit for Q3FY26 stood at ₹8.84 lakhs compared to a loss of ₹2.04 lakhs in Q3FY25, marking a significant turnaround in profitability.

Nine-Month Performance

For the nine-month period ended December 31, 2025, the company demonstrated strong year-over-year growth. Total revenue increased substantially to ₹711.03 lakhs from ₹351.00 lakhs in the corresponding period of the previous year.

Segment-wise Performance

The company operates across three business segments: Real Estate, Finance, and Shares. During Q3FY26, the Finance segment contributed ₹15.97 lakhs in revenue, while the Shares segment generated ₹15.84 lakhs. The Real Estate segment did not record any revenue during the quarter.

Expense Analysis

Total expenses for Q3FY26 were ₹22.97 lakhs, slightly higher than ₹22.39 lakhs in Q3FY25. Key expense components included employee benefits expense of ₹10.62 lakhs, depreciation of ₹5.00 lakhs, and finance costs of ₹2.97 lakhs. The company reported no tax expenses for the quarter.

Capital Structure and Debt Position

The company maintains a paid-up equity share capital of ₹1,560.92 lakhs with a face value of ₹10.00 per share. Total financial indebtedness stands at ₹2.77 crores, with outstanding loans from banks and financial institutions amounting to ₹1.25 crores. The company reported no defaults on its debt obligations.

Regulatory Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The results have been subjected to limited review by Chitranjan Agarwal & Associates, Chartered Accountants, who expressed an unqualified opinion on the financial statements prepared in accordance with Indian Accounting Standards.

Max Heights Infrastructure Limited has announced a significant turnaround in its financial performance for the half-year ended September 30, 2025. The company, which operates in real estate, financing, and shares segments within India, has reported a substantial improvement in its profitability and revenue.

Financial Highlights

Quarterly Performance

For the quarter ended September 30, 2025, Max Heights Infrastructure posted a profit before tax of Rs 141.10 lakh, compared to a loss of Rs 11.53 lakh in the corresponding quarter of the previous year.

Segment-wise Revenue

The company's revenue is primarily driven by three segments:

1. Real Estate: Generated Rs 649.50 lakh in the first half of the fiscal year.
2. Finance: Contributed Rs 29.73 lakh to the total revenue.
3. Shares: No revenue reported for this segment in the current half-year.

Balance Sheet Highlights

• Paid-up Equity Share Capital: Remains stable at Rs 1,560.92 lakh.
• Total Assets: Stood at Rs 3,717.70 lakh as of September 30, 2025, compared to Rs 3,971.26 lakh at the end of the previous fiscal year.
• Inventories: Decreased to Rs 1,908.97 lakh from Rs 2,315.42 lakh, indicating potential sales or project completions.

Cash Flow and Liquidity

The company has significantly improved its cash position:

• Net Cash Flow from Operating Activities: Rs 491.09 lakh
• Net Cash Flow from Investing Activities: Rs 84.89 lakh
• Net Cash Flow from Financing Activities: Rs (357.60) lakh
• Net Increase in Cash & Cash Equivalents: Rs 218.38 lakh

Related Party Transactions

The company has disclosed various related party transactions, including remuneration to key management personnel and loans to associated entities. Notable transactions include:

• Remuneration to Naveen Narang (KMP): Rs 12.00 lakh
• Loan repayment by Mansi Narang (Director): Rs 400.00 lakh
• Loan given to Icon Realcon Private Limited (Strategic Investment): Rs 299.05 lakh outstanding

Outlook

The significant turnaround in Max Heights Infrastructure's financial performance, particularly in the real estate segment, indicates a positive trend. The company's improved cash position and reduced inventory levels suggest enhanced operational efficiency and potentially stronger market demand for its offerings.

Investors and stakeholders may view these results as encouraging signs of the company's ability to navigate market challenges and capitalize on opportunities in its core business segments.

Note: All financial figures are based on the unaudited financial results for the quarter and half-year ended September 30, 2025, as reported by the company.