HFCL Limited has informed the Exchange about the Appointment of Secretarial Auditor of the Company
HFCL · price
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HFCL's board, meeting on May 22, 2025, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. On a standalone basis, FY25 revenue from operations fell to Rs. 3,795.22 Crore from Rs. 4,074.59 Crore in FY24, while profit after tax dropped to Rs. 194.75 Crore from Rs. 309.66 Crore. The Q4 standalone result swung to a loss of Rs. 72.59 Crore versus a profit of Rs. 115.44 Crore in Q4 FY24. EPS for FY25 stood at Rs. 1.35 versus Rs. 2.19 last year. The board also declared a 10% dividend (Re. 0.10 per share of Re. 1 face value), subject to shareholder approval. Additionally, Mr. Bhunvesh Sachdeva was internally elevated to Senior VP – International Sales, and Mr. Baldev Singh Kashtwal was appointed as Secretarial Auditor for five years (FY 2025-26 to 2029-30).
The sharp year-on-year decline in both full-year profits and Q4 swing to a loss may weigh negatively on investor sentiment in the near term. However, the continued dividend declaration signals confidence in cash generation, while stable governance is reinforced through the five-year secretarial auditor appointment.