Mahalaxmi Fabric Mills Reports 78% Revenue Surge and Turnaround to Profit in Q1
Mahalaxmi Fabric Mills Limited (MFML) reported a significant turnaround in Q1 financial results. Total income from operations increased by 78% to Rs. 3,351.78 crore. The company turned profitable with a net profit of Rs. 25.86 crore, compared to a loss in the previous year. EBITDA margin expanded to 5.8%. Volume growth was approximately 45% year-on-year, with capacity utilization improving to 78%. MFML commissioned a new technical textiles product line, expanded its distribution network, and implemented cost efficiency measures. The company expects 20-25% revenue growth for the full year and targets an EBITDA margin of 8-9%. A Rs. 50 crore capex plan is in place for the next two years.
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.