Maharashtra Scooters (MAHSCOOTER) Q1 2025 earnings summary

Executive summary

• Reported total income of ₹857 lakh for the quarter ended 30 June 2024, up from ₹526 lakh year-over-year and ₹518 lakh sequentially.

• Profit after tax rose to ₹826 lakh, compared to ₹48 lakh in the same quarter last year and ₹10 lakh in the previous quarter.

• Total comprehensive income was negative at ₹10,240 lakh, mainly due to a significant loss in other comprehensive income.

Financial highlights

• Revenue from operations increased to ₹772 lakh from ₹526 lakh year-over-year and ₹518 lakh sequentially.

• Dividend income was a major contributor, with ₹19,912 lakh recognized in the year ended 31 March 2024.

• Earnings per share for the quarter stood at ₹7.2, up from ₹0.4 year-over-year and ₹0.1 sequentially.

• Exceptional expenditure of ₹1,408 lakh was incurred for Voluntary Separation Schemes.

Outlook and guidance

• Manufacturing operations deemed unviable at current levels; decision made to discontinue manufacturing and continue as an unregistered Core Investment Company.