MSL Global Limited Reports Strong Q1 Results with 78% Revenue Growth and 116% Profit Surge
MSL Global Limited (formerly Madhusudan Securities) announced robust Q1 financial results. Consolidated revenue increased 78% YoY to ₹1.28 crore, while net profit more than doubled to ₹0.51 crore, up 116% YoY. The company acquired over 50% stake in Compliance Kart Private Limited and successfully transitioned from NSE SME Emerge to the main boards of BSE and NSE on August 1. The company's financial position remains solid with an equity share capital of ₹1000.00 lakhs and other equity of ₹1376.55 lakhs.
Madhusudan Securities' subsidiary, Compliance Kart Pvt. Ltd., has launched ENVR, a blockchain-powered marketplace for trading Carbon Credits and International Renewable Energy Certificates (I-REC). The platform, accessible at envr.earth, offers features such as blockchain integration, KYC/KYB compliance, real-time negotiations, and partnerships with prominent registries. ENVR aims to facilitate verified, secure, and transparent trading of voluntary carbon credits and I-RECs, supporting global businesses and project developers in achieving net-zero goals. The platform covers diverse projects across various sectors and offers vintage-based pricing for carbon credits and I-RECs.