Hercules Hoists Limited has informed the Exchange regarding 'In compliance with NSE Circular No. NSE/CML/2018/02 dated January 16, 2018, we hereby submit the Financial Results in a machine-readable and searchable format, as required by the Exchange. There has been no other change in the attached file except conversion of the same to machine-readable and searchable format'.
Awaiting price reaction for this filing.
Hercules Hoists Limited has re-submitted its Q1 FY26 (quarter ended June 30, 2025) unaudited standalone financial results to NSE/BSE in a machine-readable and searchable format, as required by an NSE circular. No financial figures have been changed, only the file format. The Board had approved these results on August 12, 2025, and statutory auditors Kanu Doshi Associates LLP have issued an unqualified limited review report. For the quarter, total income was just Rs 17.15 lakhs (almost entirely 'other income' since revenue from operations is nil), against expenses of Rs 13.33 lakhs, resulting in a small profit before tax of Rs 3.82 lakhs. After a tax charge of Rs 4.59 lakhs, the company posted a net loss of Rs 0.77 lakhs, with EPS effectively at zero. However, Total Comprehensive Income was Rs 5,526.40 lakhs, driven mainly by fair value gains on its investment portfolio in Bajaj Group companies. The company clarified it now operates as an Unregistered Core Investment Company (CIC) holding investments in Bajaj Group firms, and a demerger scheme with Indef Manufacturing Limited is in progress (prior period figures have been restated accordingly).
This is primarily a technical/format re-filing with no new business information. Underlying numbers confirm Hercules Hoists has effectively become a passive investment holding entity with negligible operating revenue, so its value lies in its Bajaj Group investment portfolio rather than operations — shareholders should track the fair-value-driven other comprehensive income and the pending Indef Manufacturing demerger for any real stock-moving news.