Hariom Pipe Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
HARIOMPIPE · price
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Hariom Pipe Industries Limited has announced its audited financial results for Q4 and full year ended March 31, 2026. The statutory auditors R Kabra & Co LLP have issued an UNMODIFIED (clean) opinion on both standalone and consolidated financial statements, indicating no material concerns. The Board has recommended a final dividend of Rs. 0.75 per equity share, subject to shareholder approval at the AGM. The company also re-appointed R Kabra & Co LLP as statutory auditors for a second term of 5 years and Ravi Ladia & Co as internal auditors for FY 2026-27. Mr. Yash Gupta has been re-designated as Vice President - Sponge Division. Among subsidiaries, Hariom Power and Energy Private Limited reported assets of Rs 4699.63 lakhs but zero revenue with a loss of Rs 8.22 lakhs for the year and cash outflow of Rs 234.22 lakhs.
The clean audit report with unmodified opinion is positive for shareholders as it confirms the reliability of financial statements without any qualifications or concerns raised by auditors. The dividend recommendation provides a modest return to investors. However, the loss-making subsidiaries with cash outflows may warrant monitoring.