Mahalaxmi Fabric Mills Reports 78% Revenue Surge and Turnaround to Profit in Q1 Aug 18, 2025
More news about Mahalaxmi Fabric Mills
13Aug 25
Mahalaxmi Fabric Mills Reports Consolidated Profit Surge in Q1
Mahalaxmi Fabric Mills Limited (MFML) reported a significant improvement in Q1 consolidated performance, with net profit rising to Rs 258.60 crore from Rs 17.18 crore year-on-year. However, consolidated revenue declined to Rs 3,351.78 crore. Standalone operations continued to face challenges, reporting a loss of Rs 112.52 crore and reduced revenue of Rs 1,179.14 crore. The strong consolidated performance was largely driven by MFML's wholly-owned subsidiary, Mahalaxmi Exports Private Limited, which contributed revenue of Rs 2,202.66 crore and net profit of Rs 371.12 crore. MFML is working on recovery efforts following a factory fire in November, including partial insurance claim receipt and steps to rebuild infrastructure.