HEG Limited has informed the Exchange about Appointment of Secretarial Auditor, Cost Auditor, Internal Auditor and Tax Auditor
HEG · price
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HEG Limited announced audited standalone and consolidated financial results for Q4 and FY25 (year ended March 31, 2025), reporting a sharp drop in profitability. Standalone revenue from operations fell to Rs 2,152.71 crore from Rs 2,394.90 crore a year earlier, a decline of about 10%. Standalone profit after tax for FY25 nearly halved to Rs 101.31 crore (from Rs 231.54 crore in FY24), while Q4 FY25 alone swung to a standalone loss after tax of Rs 61.58 crore versus a profit of Rs 35.15 crore in Q4 FY24. The Board recommended a final dividend of Rs 1.80 per share on the Rs 2 face value stock. It also approved the appointment of GSK & Associates as Secretarial Auditor for five years and re-appointed N.D. Birla & Co. as Cost Auditor, S.L. Chhajed & Co. LLP as Internal Auditor for FY26, and SCV & Co. LLP as Tax Auditor. The auditor issued an unmodified opinion on results, but flagged emphasis-of-matter notes on going-concern uncertainty at Chango Yangthang Hydro Power and project write-offs at NfC Hydro Power (both part of associate Bhilwara Energy).
Shareholders will see weaker full-year earnings and a quarterly loss, though the dividend and clean audit opinion are positives. The pending Graphite Business demerger scheme and share sub-division (1 share of Rs 10 split into 5 shares of Rs 2) continue to be in focus, alongside cost pressure evident in margin compression.