Appointment of Mr. Baldev Singh Kashtwal, Company Secretary in Whole-time Practice having C.P. No. 3169, Membership No. F3616 and Peer Review Certificate No. 1205/2021 as the Secretarial ....
Awaiting price reaction for this filing.
HFCL Limited's board, on May 22, 2025, approved audited financial results for Q4 and FY ended March 31, 2025. On a standalone basis, FY25 revenue from operations fell to Rs. 3,795.22 crore (from Rs. 4,074.59 crore in FY24), with profit after tax declining sharply to Rs. 194.75 crore (from Rs. 309.66 crore). EPS stood at Rs. 1.35 vs Rs. 2.19. Q4 FY25 standalone results swung to a loss after tax of Rs. 72.59 crore against a profit of Rs. 115.44 crore in Q4 FY24. Consolidated FY25 revenue was Rs. 4,064.52 crore with PAT of Rs. 173.26 crore (vs Rs. 337.52 crore). The board recommended a 10% dividend (Rs. 0.10 per share on Re. 1 face value), subject to shareholder approval. Mr. Bhuvnesh Sachdeva was elevated to Senior VP – International Sales, and Mr. Baldev Singh Kashtwal was appointed as Secretarial Auditor for five years (FY26–FY30).
Shareholders see a notable decline in both annual profits and Q4 performance, with revenue also contracting year-on-year, though a modest dividend continues. The appointments are routine and unlikely to materially move the stock; near-term sentiment may weigh on the weak Q4 numbers.