Latest news about Maharashtra Corporation
Maharashtra Corporation
0.32
+0.02(+6.67%)
Company Performance:
View Company Insights1D+6.67%
1M-3.03%
6M-13.51%
1Y-31.91%
5Y-34.69%
More news about Maharashtra Corporation
10Feb 26
Maharashtra Corporation Limited Reports Q3FY26 Financial Results with Revenue Decline
Maharashtra Corporation Limited reported its Q3FY26 results showing zero revenue from operations compared to ₹65.00 lakhs in Q3FY25, resulting in a net loss of ₹3.56 lakhs against a profit of ₹39.62 lakhs in the previous year. For the nine-month period, revenue declined to ₹4.50 lakhs from ₹155.00 lakhs, leading to a net loss of ₹35.08 lakhs compared to a profit of ₹85.06 lakhs in the corresponding period of FY25.
24Dec 25
Maharashtra Corporation Limited Announces Resignation of Company Secretary and Compliance Officer
Ms. Meenu Sharma, Company Secretary and Compliance Officer of Maharashtra Corporation Limited, has resigned effective December 23, 2025. She submitted her resignation on December 20, 2025, citing pursuit of external career opportunities. The company has notified BSE Limited as per SEBI regulations, with the disclosure signed by Director Ravi Kumar Rajak.
11Aug 25
Maharashtra Corporation Reports Zero Revenue and Rs 30.31 Lakh Loss in Q1, Appoints New Director
Maharashtra Corporation Limited (MCL) reported zero revenue and a net loss of Rs 30.31 lakhs for Q1 FY2025-26, compared to Rs 65.00 lakhs revenue and Rs 50.60 lakhs profit in Q1 FY2024-25. Total expenses increased to Rs 30.31 lakhs. The company appointed Mr. Vikasjeet Singh as an Additional Director and adopted new insider trading policies. MCL maintains a debt-free status with no finance costs.
06Aug 25
Maharashtra Corporation Limited Sets Board Meeting for August 11 to Approve Q1 Results and Appoint New Director
Maharashtra Corporation Limited has scheduled a board meeting for August 11, 2025, to approve Q1 FY2026 financial results, consider appointing Mr. Vikasjeet Singh as a Non-Executive Non-Independent Director, and adopt insider trading and fair disclosure codes. The company has implemented a trading window closure from July 1, 2025, until 48 hours after the board meeting concludes.
01Aug 25
MSRTC Ventures into Retail Fuel Business to Address Rs 10,324 Crore Losses
Maharashtra State Road Transport Corporation (MSRTC) is diversifying into retail fuel sales, partnering with major oil PSUs like Indian Oil, Bharat Petroleum, and Hindustan Petroleum. This move aims to address MSRTC's financial challenges, including accumulated losses of Rs 10,324.00 crore. MSRTC plans to leverage its experience from operating 251 fuel stations for its bus fleet to create 'Petro-Motel Hubs' combining fuel sales with retail facilities. Despite operating over 15,000 buses and serving 55 lakh daily commuters, MSRTC has only been profitable in eight of the last 45 fiscal years.
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