MT Educare Reports Q1 FY2026 Results Amid Ongoing Insolvency Process
MT Educare Limited, under Corporate Insolvency Resolution Process, released Q1 FY2026 results. Revenue decreased 44.1% to ₹438.76 lakhs from ₹784.60 lakhs in Q1 FY2025. Net loss narrowed to ₹190.35 lakhs from ₹358.75 lakhs. Basic EPS improved to -₹0.26 from -₹0.50. The company continues to operate under CIRP initiated on December 16, 2022, supervised by Resolution Professional Arihant Nenawati. Results were published in Financial Express and Pratah Kaal newspapers on August 15, 2025.
13Aug 25
MT Educare Reports Q1 Net Loss of Rs 190.35 Crore Amid Ongoing Insolvency Proceedings
MT Educare Limited, under Corporate Insolvency Resolution Process (CIRP), reported a standalone net loss of Rs 190.35 crore for Q1 ended June 30. Revenue from operations declined to Rs 378.58 crore. Total expenses were Rs 611.95 crore. Claims totaling Rs 22,919.13 crore were received from 683 creditors during CIRP, with Rs 9,498.57 crore admitted from 659 creditors. The company's future depends on the outcome of the CIRP and implementation of a resolution plan.