Outcome of Board Meeting of the Company held on May 09, 2026 at 04:15 P.M.
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Hariyana Ventures Ltd reported FY26 results with revenue declining 33% to ₹50.57 Lakhs from ₹75.69 Lakhs in FY25. Despite lower sales, the company swung to profit with PAT of ₹44.63 Lakhs vs a loss of ₹32.60 Lakhs in the prior year. EPS improved from -₹5.62 to ₹7.69. The balance sheet shows strong improvement with cash reserves jumping from ₹6.89 Lakhs to ₹71.85 Lakhs, while borrowings were nearly eliminated (down from ₹61.80 Lakhs to ₹1.19 Lakhs). The board also appointed M/s Shubham Bajhal & Associates as the new internal auditor for FY27. The statutory auditor issued an unmodified opinion on the financial statements.
Positive signal for shareholders as the company returned to profitability despite lower revenue, indicating improved operational efficiency and a significantly strengthened balance sheet with near-zero debt.