Outcome of Board meeting
HALEOSLABS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Haleos Labs Limited reported audited standalone revenue of Rs 30,099 lakhs for FY26, down 9.7% from Rs 33,337 lakhs in FY25. Consolidated revenue stood at Rs 33,379 lakhs vs Rs 34,472 lakhs, a decline of 3.2%. Standalone net profit fell to Rs 1,778 lakhs from Rs 2,137 lakhs (down 16.8%), while consolidated PAT declined to Rs 1,780 lakhs from Rs 1,873 lakhs (down 5%). The Board declared a dividend of Rs 1.50 per share (15%). Mrs. Sundaramma Patibandla resigned as Independent Director, and Mrs. Sudeepthi Gopineedi was reappointed as Whole-time Director for 5 years. The company proposed new statutory auditors M/s Suryanarayana & Suresh. Statutory auditors issued unmodified (clean) opinion on both standalone and consolidated results.
Revenue and profit declined year-over-year, which may concern investors. However, clean audit opinion and dividend declaration provide some comfort. Significant increase in long-term borrowings warrants monitoring.