Company Disclosures: Mahaveer Infoway Limited Q1 FY27 Results
Key Financial Figures (Mahaveer Infoway Limited)
The company's financial performance for the quarter ended June 30, 2026, is summarized below (All figures in ₹ Lakhs):
| Particulars | Quarter Ending 30.06.2026 (Unaudited) | Quarter Ending 30.06.2025 (Unaudited) | Year Ending 31.03.2026 (Audited) |
| Total income from operations (net) | 7.396 | 75.412 | 173.390 |
| Net Profit before Tax | (12.877) | 10.054 | 69.643 |
| Net Profit after Tax | (12.877) | 10.054 | 46.194 |
| Total Comprehensive Income | (12.877) | 10.054 | 46.194 |
| Equity Share Capital | 550.900 | 550.900 | 550.900 |
| Reserves (excl. Revaluation) | (96.572) | (137.689) | (83.694) |
| Earnings Per Share (Basic) (₹10/- each) | (0.234) | 0.183 | 1.160 |
| Earnings Per Share (Diluted) (₹10/- each) | 0.000 | 0.183 | 1.160 |
Dates and Approvals
- Quarter End Date: June 30, 2026
- Board Approval Date: The results were reviewed by the Audit Committee and approved by the Board of Directors on July 13, 2026.
- Filing Date: The newspaper advertisement was published on July 15, 2026, in Financial Express (English) and Ninadam (Regional).
Financial and Operational Impact
A material deterioration in financial performance is disclosed, with a net loss of ₹12.88 lakh for Q1 FY27 compared to a net profit of ₹10.05 lakh in Q1 FY26. Total income from operations decreased significantly to ₹7.40 lakh from ₹75.41 lakh year-on-year.
Capital Structure Impact
No change in equity share capital is reported. Reserves remained negative at ₹(96.57) lakh.
Additional Notices Contained in the Filing
The document includes several public notices from various banks and financial institutions, primarily related to loan defaults and enforcement actions under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). Key summaries include:
1. Union Bank of India - Demand Notice (Sec. 13(2)):
- Borrowers: Mr. Jagan Mohan Reddy Ankireddypalli and Mrs. Ankireddypalli Premalatha.
- Account: Housing Loan (Account No: 088430100030673)
- Outstanding Dues: ₹44,22,450.86 as of June 29, 2026, classified as a Non-Performing Asset (NPA).
- Secured Asset: Mortgaged residential property at House No. 40/814-B, B1, B2 in Srinivasa Nagar, Kurnool.
- Notice Date: June 30, 2026. Borrowers given 60 days to repay.
2. HDFC Bank Ltd. - Sale Intimation for Pledged Securities:
- Multiple notices to over 60 borrowers for defaulting on Loans/Overdrafts Against Securities.
- The bank has invoked the pledge and provided a 7-day notice period.
- The pledged securities are slated for sale on or after July 22, 2026, to recover outstanding dues. The notice is issued under Section 176 of the Indian Contract Act, 1872.
- Outstanding amounts for listed borrowers range from approximately ₹2,000 to over ₹65 lakh.
3. Cholamandalam Investment and Finance Company Limited - E-Auction Sale Notice:
- Notice for the sale of three immovable secured assets under the SARFAESI Rules, 2002.
- Properties are located in Ranga Reddy and Nalgonda districts, Telangana.
- Auction Date: August 21, 2026, from 02:00 PM to 04:00 PM.
- Reserve prices for the properties are ₹34.72 lakh, ₹74.29 lakh, and ₹45.09 lakh, respectively.
4. AU Small Finance Bank Limited - Possession Notice (Sec. 13(4)):
- The bank has taken possession of multiple properties in Kadapa District, Andhra Pradesh, due to loan defaults.
- The notice lists six loan accounts with outstanding amounts ranging from ~₹6.49 lakh to ~₹10.68 lakh.
- Possession was taken on July 9 and 10, 2026.
5. Court Matter - IN THE COURT OF THE HON'BLE II ADDL. JUNIOR CIVIL JUDGE, MEDCHAL-MALKAJGIRI:
- Case No.: C.S.No. 388 of 2026
- Parties: Nerella Sree Krishnamurthy & others vs. The Tahsildar, Uppal Mandal Revenue Office & others.
- Hearing Date: The concerned persons are directed to appear before the court on July 30, 2026, at 10:30 AM.
6. Notice of Petition - NCLT, Hyderabad Bench:
- A petition under Section 230 of the Companies Act, 2013, has been filed by Axon Anaesthesia Associates Private Limited (CIN: U85195TG2002PTC038908) and Vitalpath Private Limited (CIN: U86201TS2024PTC187536) seeking approval for a Scheme of Arrangement involving a demerger.
- Hearing Date: The petition is fixed for hearing on September 4, 2026.