What’s new

• Revenue from operations dropped to zero from ₹75.41 lakh year-on-year.
• Company posted a loss of ₹12.88 lakh against a profit of ₹10.05 lakh in the same quarter last year.
• Board accepted the resignation of company secretary Monika Rathi, effective 30 June 2026.

Why it matters

A complete evaporation of operating revenue is a red flag for any business. Mahaveer Infoway went from profit to loss in three months, with only ₹7.40 lakh in other income to cover ₹20.27 lakh in costs. The CS resignation adds a governance wrinkle, but the revenue hole is the real story.

What we’re watching

• Management explanation for the zero-revenue quarter.
• Any guidance on when operations are expected to resume.
• Board composition following the CS exit.

The full read

Mahaveer Infoway's June quarter was a washout. Zero revenue from operations. That is down from ₹75.41 lakh a year ago. The company reported a net loss of ₹12.88 lakh, reversing a ₹10.05 lakh profit. The only income was ₹7.40 lakh from other sources, which fell far short of covering ₹20.27 lakh in employee costs and other expenses. Separately, board accepted the resignation of company secretary Monika Rathi, effective 30 June, for a 'better professional opportunity'. No explanation was given for the revenue collapse. A single quarter of zero operating revenue in a business that was profitable a year ago demands an answer — and the next filing will show whether this is a blip or a structural shift.

Primary source: BSE · NSE