A meeting of the Board of Directors of Mahalaxmi Seamless Limited was held on Thursday, 13th August, 2026, commencing at 04:00 p.m. and concluding at 04:30 p.m. at the Registered Office of the Company.

Key Outcomes

1. Approval of Financial Results: The Board of Directors considered and approved the Unaudited Financial Results of the Company for the quarter ended 30th June, 2026. The results were accompanied by a Limited Review Report issued by the Statutory Auditors, Agrawal Jain & Gupta.

2. Management Change: The Board considered and approved a change in designation. Mr. Madhavprasad Govindram Jalan was changed from his role as Chairperson. Mr. Vivek Madhavprasad Jalan was designated as the new Chairperson of the Company, with effect from a date to be decided by the Board.

Financial Results for Quarter Ended 30th June, 2026 (Unaudited)

  • Revenue from Operations: ₹62.06 Lakh
  • Other Income: ₹1.70 Lakh
  • Total Income: ₹63.76 Lakh
  • Total Expenditure: ₹48.29 Lakh
  • Cost of Operations: ₹11.39 Lakh
  • Employee Benefits Expenses: ₹19.07 Lakh
  • Finance Costs: ₹3.61 Lakh
  • Depreciation, Amortization & Depletion Expenses: ₹3.63 Lakh
  • Other Expenses: ₹10.60 Lakh
  • Profit before tax and exceptional items: ₹15.47 Lakh
  • Exceptional Items: None
  • Tax Expense: ₹(0.18) Lakh (Deferred Tax)
  • Profit for the period: ₹15.65 Lakh
  • Other Comprehensive Income: None
  • Total Comprehensive Income for the period: ₹15.65 Lakh
  • Paid-up Equity Share Capital (Face value ₹10 each): ₹528.14 Lakh
  • Earnings Per Share (EPS) (Face value ₹10 each):
  • Basic: ₹0.30
  • Diluted: ₹0.30

Comparative Figures

  • Previous Quarter (31.03.2026 - Unaudited): Net Loss of ₹(33.03) Lakh, EPS of ₹(0.63)
  • Corresponding Quarter Previous Year (30.06.2025 - Unaudited): Net Profit of ₹9.38 Lakh, EPS of ₹0.18
  • Previous Financial Year (31.03.2026 - Audited): Net Loss of ₹(7.34) Lakh, EPS of ₹(0.14)

Notes to the Financial Results

1. The unaudited Standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors on 13th August, 2026.

2. The results are prepared in accordance with Indian Accounting Standards (Ind AS).

3. The statutory auditors have carried out a limited review as per Regulation 33 of the SEBI (LODR) Regulations, 2015.

4. The company operates in one reportable segment.

5. Previous period figures have been reclassified for comparability.

6. The financial results are available on the company's website (www.mahatubes.com) and the BSE website (www.bseindia.com).