PQ’s: Mauritius Post Ltd: Rs 282 Million Loss, Rs 1.7 Billion Deficit
Mauritius Post Ltd is facing a severe financial crisis. For the fiscal year ending June 30, 2025, it reported an operational loss of Rs 282 million. Its shareholder deficit amounts to Rs 1.7 billion, while the pension liability has reached Rs 2.6 billion. The overdraft of Rs 177 million is fully utilized, and a fixed deposit of Rs 200 million had to be cashed to meet current obligations. The repercussions on employees, both in Mauritius...