HBL Engineering Limited has informed the Exchange regarding 'informed about news article appearing in Eenadu (Telugu) newspaper on August 10, 2025.'.
HBLENGINE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
HBL Engineering Limited clarified that a news article about the company published in Eenadu (Telugu) newspaper on August 10, 2025, was not issued by the company. It asked investors to rely only on information posted on Stock Exchange and company websites. Alongside the clarification, the company restated its Q1 FY26 (June 30, 2025) results, showing standalone net profit nearly doubling to Rs. 13,973 lakhs from Rs. 7,425 lakhs a year ago, driven by revenue growth to Rs. 58,768 lakhs from Rs. 51,123 lakhs. Consolidated net profit rose to Rs. 14,327 lakhs from Rs. 8,009 lakhs, with standalone EPS at Rs. 5.03 versus Rs. 2.66 last year.
The company is distancing itself from an unauthorized media report, which is neutral to mildly negative if speculation had driven the stock. The restated financials confirm a strong quarter with roughly 88% YoY standalone profit growth, which is a positive signal for shareholders.