MKP Mobility , a key player in the auto components sector for two-wheeler and three-wheeler industries, has announced its financial results for the first quarter, revealing a mixed performance across standalone and consolidated figures.

Standalone Performance

On a standalone basis, MKP Mobility demonstrated robust growth:

• Revenue from operations stood at Rs 793.53 crore
• Net profit reached Rs 65.10 crore
• Earnings per share (EPS) was reported at Rs 1.96

Consolidated Results

The consolidated results, however, painted a different picture:

• Net profit decreased to Rs 46.93 crore
• Earnings per share (EPS) declined to Rs 1.38

The company's consolidated performance was notably impacted by a Rs 19.98 crore loss from its associate company, MKP Kataria Recycling Private Limited.

Financial Highlights

Key Observations

• The standalone results show a significant improvement in profitability compared to the revenue generated.
• The consolidated figures reflect the challenges faced by the company's associate, which have tempered the overall group performance.
• Despite the setback in consolidated earnings, the core business of MKP Mobility remains strong, as evidenced by the standalone results.

Management Commentary

The Board of Directors approved these results at a meeting held on August 13. While specific management comments were not provided in the available data, the divergence between standalone and consolidated results suggests that the company may need to address the performance of its associate entity in the coming quarters.

Conclusion

MKP Mobility's Q1 results present a nuanced picture of the company's financial health. While the standalone business demonstrates strength and profitability, the consolidated figures highlight the need for improved performance across the group's operations. Investors and analysts will likely keep a close eye on how the company manages its associate's performance in the upcoming quarters to potentially bridge the gap between standalone and consolidated results.

Note: All figures are based on the unaudited financial results for the quarter as reported by the company.

MKP Mobility Limited has announced the appointment of Mrs. Rajita Rupesh Gupta as an Additional Director in the category of Non-Executive Independent Director. The appointment, effective August 8, 2025, was approved by the company's Board of Directors based on the recommendation of the Nomination and Remuneration Committee.

Appointment Details

Mrs. Gupta's appointment is subject to shareholder approval at the upcoming Annual General Meeting. Upon approval, she will serve a five-year term from August 8, 2025, to August 7, 2030. The company has confirmed that Mrs. Gupta meets the independence criteria as prescribed under the Companies Act, 2013 and SEBI Listing Regulations.

Professional Background

Mrs. Rajita Rupesh Gupta brings a wealth of experience to her new role:

• Holds a degree in Production Engineering
• Over 25 years of professional experience
• Active director since 2000 in manufacturing instrumentation and mechatronics for construction equipment at Klug Avalon Mechatronics Private Ltd
• Partner in Raina Engineers, manufacturing cranes for offshore oil platforms and marine vessels

Additional Qualifications

Throughout her career, Mrs. Gupta has pursued various technical and skill development courses to stay current in her field:

• Completed the Women in Family Business program from SPJIMR
• API Certified Auditor from the American Petroleum Institute
• Finance for Non-Finance course from Lamcon

Company Statement

In its regulatory filing, MKP Mobility Limited stated, "We hereby confirm that Mrs. Rajita Rupesh Gupta satisfies the criteria of independence prescribed under the Companies Act, 2013 and SEBI Listing Regulations and that she is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other such authority."

The Board meeting that approved Mrs. Gupta's appointment commenced at 2:30 P.M. and concluded at 4:00 P.M. on August 8, 2025.

This strategic appointment is expected to bring valuable insights and expertise to MKP Mobility Limited's board, potentially contributing to the company's future growth and governance.