Maharashtra Scooters Board Approves Renewable Energy Foray And Name Change

Dividend Gap Hits Profit PAT at Rs 3.3 Cr in Q1 FY27, -90.6% YoY; prior year PAT boosted by ~Rs 8.6 Cr one-time tax write-back. Revenue at Rs 5.4 Cr in Q1 FY27, -81.5% YoY; nil dividend vs Rs 22.8 Cr last year. EBITDA at Rs 4.6 Cr, -83.9% YoY. EBITDA margin at 84.1% vs 96.3%. Board approved MOA amendment to add renewable energy generation and proposed change of company name, subject to shareholder approval.