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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board of Hawa Engineers Ltd met on 22nd July 2025 and approved two key items. First, the unaudited financial results for Q1 FY26 (quarter ended 30th June 2025), showing revenue from operations of Rs 2,451.65 lakhs, down about 11.6% from Rs 2,772.81 lakhs in the same quarter last year. Despite the revenue dip, net profit rose to Rs 47.87 lakhs from Rs 39.62 lakhs, a roughly 21% jump, with EPS improving to Rs 1.36 from Rs 1.12. Second, the board approved appointing M/s Yusuf C. Mansuri & Co. as the new statutory auditor, replacing M/s N. M. Pathak & Co. whose term is ending at the upcoming AGM. This is a routine auditor rotation rather than a mid-term change, and the new appointment is subject to shareholder approval.
For shareholders, the key takeaway is healthy margin expansion — profits grew about 21% year-on-year even as top-line shrank, signalling better cost control. The auditor change is routine and governance-neutral, unlikely to move the stock.