Mount Housing and Infrastructure Limited conducted a board meeting on March 05, 2026, where directors approved multiple corporate governance decisions in compliance with SEBI regulations. The meeting outcomes were formally communicated to BSE Limited under Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Board Decisions

The board of directors transacted several important business matters during the meeting. The primary decisions focused on operational restructuring, regulatory compliance, and auditor appointments for the upcoming financial year.

Auditor Appointments

The board confirmed the reappointment of Ms. Monalisa Datta, a company secretary, as the secretarial auditor for the financial year 2024-2025. This appointment ensures continuity in the company's secretarial audit processes and regulatory compliance framework. Additionally, the board approved the re-appointment of the internal auditor, maintaining the existing internal audit structure.

Regulatory Communication

The company secretary and compliance officer, Anita Kumari Chhajer (ICSI Membership No: A45613), formally communicated the meeting outcomes to BSE Limited. The communication was addressed to the Department of Corporate Services at BSE Ltd., Dalal Street, Fort, Mumbai, referencing the company's scrip code 542864. The formal letter outlined all board decisions and maintained compliance with listing obligations under SEBI regulations.

Corporate Governance Compliance

The meeting demonstrated the company's commitment to regulatory compliance and transparent corporate governance practices. All decisions were made in accordance with applicable regulations, with proper documentation and disclosure to the stock exchange. The comprehensive three-hour meeting duration from 04:00 p.m. to 07:00 p.m. indicated thorough deliberation on all agenda items, ensuring informed decision-making by the board of directors.

Mount Housing and Infrastructure Limited has delivered a strong financial performance for the third quarter of fiscal year 2026, marking a significant turnaround from the previous year's results. The company published its standalone unaudited financial results for the quarter ended December 31, 2025, demonstrating substantial improvement across multiple financial parameters.

Financial Performance Overview

The company's financial results for Q3 FY26 show remarkable growth compared to the corresponding period in the previous year:

Revenue Growth and Profitability

The most striking aspect of the quarterly results is the dramatic increase in total income, which surged to ₹267.94 lakhs in Q3 FY26 from just ₹0.64 lakhs in the same quarter of the previous year. This represents an exceptional growth trajectory for the company's revenue generation capabilities.

The company successfully returned to profitability during the quarter, recording a net profit after tax of ₹1.48 lakhs. This marks a complete reversal from the substantial loss of ₹54.69 lakhs reported in Q3 FY25, indicating effective operational improvements and cost management strategies.

Capital Structure and Reserves

Mount Housing and Infrastructure Limited maintained a stable capital structure during the reporting period:

The equity share capital remained unchanged at ₹302.87 lakhs across all reported periods, demonstrating consistent capital base without any dilution or reduction during the quarter.

Earnings Per Share Improvement

The company's earnings per share showed significant improvement, moving from negative ₹1.81 in Q3 FY25 to positive ₹0.05 in Q3 FY26. This positive earnings per share indicates that the company has successfully generated value for its shareholders during the quarter, marking a substantial improvement from previous periods when the company reported negative earnings.

Regulatory Compliance

The financial results were published in newspapers pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted the results to BSE Limited under scrip code 542864, ensuring full compliance with regulatory requirements for listed entities.