Maharashtra Scooters announced that the Annual General Meeting (AGM) of the company will be held on 22 July 2024.Powered by Capital Market - Live News

Maharashtra Scooters announced that the Board of Directors of the Company at its meeting held on 24 April 2024, inter alia, have recommended the final dividend of Rs 60 per equity Share (i.e. 600%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Maharashtra Scooters declined 87.80% to Rs 0.10 crore in the quarter ended March 2024 as against Rs 0.82 crore during the previous quarter ended March 2023. Sales declined 43.94% to Rs 5.18 crore in the quarter ended March 2024 as against Rs 9.24 crore during the previous quarter ended March 2023.For the full year,net profit rose 2.06% to Rs 199.31 crore in the year ended March 2024 as against Rs 195.29 crore during the previous year ended March 2023. Sales rose 2.95% to Rs 222.73 crore in the year ended March 2024 as against Rs 216.35 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales5.189.24 -44 222.73216.35 3 OPM %13.3218.94 -91.3389.53 - PBDT0.691.81 -62 204.23195.10 5 PBT0.171.28 -87 202.16193.08 5 NP0.100.82 -88 199.31195.29 2 Powered by Capital Market - Live News

The Board of Maharashtra Scooters at its meeting held on 24 April 2024 has approved Voluntary Separation Scheme (VSS) for both workmen and staff of the Company.The VSS is implemented for the purpose of rationalising the existing operations and manpower at the Company`s factory situated in Satara. Powered by Capital Market - Live News

Maharashtra Scooters will hold a meeting of the Board of Directors of the Company on 24 April 2024.Powered by Capital Market - Live News