Maha Rashtra Apex Corporation
52.99
+3.12(+6.26%)
Market Cap₹149.96 Cr
PE Ratio6.85
Company Performance:
1D+6.26%
1M+8.03%
6M-0.95%
1Y-9.23%
5Y+44.47%
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More news about Maha Rashtra Apex Corporation
13Nov 25
MahaRashtra Apex Corporation Reports Q2 FY2026 Results with Auditor Qualifications on Interest Provisions
Maha Rashtra Apex Corporation Limited (MACL) released unaudited financial results for Q2 and H1 FY2026, revealing auditor qualifications on interest provisions. Key issues include unprovided interest of Rs. 12.21 lakhs for Q2 and Rs. 357.71 lakhs cumulatively since October 2019. Auditors noted overstatement of profits and understatement of liabilities. MACL faces challenges with outstanding deposits of Rs. 1,367.81 lakhs, cancelled NBFC registration, and a lapsed property sale agreement. The company reported total assets of Rs. 52,055 lakhs and total equity of Rs. 44,920 lakhs on a standalone basis.
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13Aug 25
Maha Rashtra Apex Corporation Reports Significant Profit Growth in Q1 FY2026, Approves Key Board Changes
Maha Rashtra Apex Corporation Limited (MRACL) reported a significant profit increase for Q1 FY2026. Standalone profit after tax rose to ₹597.18 crore from a loss of ₹11.05 crore in Q1 FY2025. Consolidated profit after tax jumped to ₹2,240.34 crore from ₹26.39 crore. The company reappointed Ms. Nita J. Desai as Internal Auditor and appointed Mr. Nagarajan Sivaramakrishnan as a Non-Executive Independent Director. MRACL also approved relocating its corporate office. Auditors noted unprovided interest on deposits amounting to ₹345.50 lakhs cumulatively.
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1 Year Returns:-9.23%
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