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Maha Rashtra Apex Corporation Ltd Q1FY24; 82% fall in Revenue

Maha Rashtra Apex Corporation Limited was incorporated in 1943. The Company is engaged in the business of Hire Purchase and Leasing Business. Presently, the company has discontinued the operation and concentrated on recovery of Hire Purchase and Leasing Business. The registered office of the company is in Bangalore.

Financial Results:

Maha Rashtra Apex Corporation Ltd reported Revenues for Q1FY24 of ₹0.41 Crores down from ₹2.34 Crore year on year, a fall of 82.48%.

Total Expenses for Q1FY24 of ₹0.49 Crores down from ₹1.48 Crores year on year, a fall of 66.89%.

Consolidated Net Profit of -₹0.08 Crores from ₹0.89 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.06, from ₹0.63 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Leasing
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