Mount Housing and Infrastructure Limited Board Approves Office Relocation and Auditor Reappointments

1 min read     Updated on 05 Mar 2026, 07:14 PM
scanx
Reviewed by
Shriram SScanX News Team
Overview

Mount Housing and Infrastructure Limited's board meeting on March 05, 2026 approved the shifting of registered office within the same city and ROC jurisdiction, along with related party contracts. The board reappointed Ms. Monalisa Datta as secretarial auditor and confirmed the internal auditor's re-appointment for FY2024-25. The three-hour meeting outcomes were communicated to BSE under SEBI regulatory compliance requirements.

34263846

*this image is generated using AI for illustrative purposes only.

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 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.

Decision Area: Details
Office Relocation: Approved shifting of registered office within same city and ROC jurisdiction
Related Party Contracts: Approved contracts with related parties
Secretarial Auditor: Reappointed Ms. Monalisa Datta for FY2024-25
Internal Auditor: Approved re-appointment of internal auditor

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.

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 meeting duration extended from 04:00 p.m. to 07:00 p.m., indicating thorough deliberation on the agenda items.

Regulatory Communication

The company secretary and compliance officer, Anita Kumari Chhajer, formally communicated the meeting outcomes to BSE Limited. The communication included all necessary regulatory disclosures and maintained compliance with listing obligations under SEBI regulations.

Historical Stock Returns for Mount Housing & Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%0.0%0.0%0.0%0.0%-100.00%
Mount Housing & Infrastructure
View Company Insights
View All News
like20
dislike

Mount Housing and Infrastructure Limited Reports Strong Q3 FY26 Performance with Revenue Surge

2 min read     Updated on 24 Feb 2026, 06:24 PM
scanx
Reviewed by
Ashish TScanX News Team
Overview

Mount Housing and Infrastructure Limited reported exceptional Q3 FY26 results with total income surging to ₹267.94 lakhs from ₹0.64 lakhs in Q3 FY25. The company achieved profitability with net profit after tax of ₹1.48 lakhs, reversing from a loss of ₹54.69 lakhs in the previous year quarter. Earnings per share improved significantly to ₹0.05 from negative ₹1.81, while maintaining stable equity share capital of ₹302.87 lakhs.

33483254

*this image is generated using AI for illustrative purposes only.

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:

Metric: Q3 FY26 (Dec 31, 2025) Q3 FY25 (Dec 31, 2024) FY25 (Mar 31, 2025)
Total Income: ₹267.94 lakhs ₹0.64 lakhs ₹23.88 lakhs
Net Profit Before Tax: ₹1.17 lakhs (₹57.73 lakhs) (₹84.64 lakhs)
Net Profit After Tax: ₹1.48 lakhs (₹54.69 lakhs) (₹85.92 lakhs)
Total Comprehensive Income: ₹1.48 lakhs (₹54.69 lakhs) (₹85.92 lakhs)
Earnings Per Share: ₹0.05 (₹1.81) (₹2.84)

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:

Parameter: Amount (₹ in lakhs)
Equity Share Capital: ₹302.87 lakhs
Reserves (excluding Revaluation Reserve): ₹77.56 lakhs
Face Value per Share: ₹10

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.

Historical Stock Returns for Mount Housing & Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%0.0%0.0%0.0%0.0%-100.00%
Mount Housing & Infrastructure
View Company Insights
View All News
like15
dislike

More News on Mount Housing & Infrastructure

1 Year Returns:0.00%