Hardwyn India Limited has informed the Exchange regarding Board meeting held on Jun 07, 2025.
HARDWYN · price
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Hardwyn India Limited's board, meeting on June 7, 2025, approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2025. Statutory auditor S.S. Periwal & Co. issued an unmodified (clean) opinion on both sets of results. On a consolidated basis, net profit before tax rose sharply to about Rs. 1,584.99 lakhs in FY25, up from roughly Rs. 727.75 lakhs in FY24 — more than doubling year-on-year. Standalone PBT also jumped to about Rs. 1,521.73 lakhs from Rs. 739.76 lakhs. Total consolidated assets stood at Rs. 46,501.84 lakhs against Rs. 44,542.94 lakhs a year earlier, with equity strengthening to Rs. 39,868.79 lakhs. However, the consolidated cash flow statement shows continuing negative operating cash flow of about Rs. (1,250.33) lakhs in FY25 versus Rs. (1,045.07) lakhs in FY24, indicating that reported profits are not yet translating into cash from operations at the group level.
Clean audit opinion and a strong doubling of annual profits are positive signals for shareholders. The continued negative operating cash flow at the consolidated level is a watchpoint, as it suggests working capital or subsidiary-level strains despite healthy headline profitability.