The Audited Standalone Financial Results (Standalone and Consolidated) for the Quarter and year ended March 31, 2025 together with Statement of Assets & Liabilities and Cash Flow Statement ....
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The Board of Hind Aluminium Industries Limited, at its meeting held on May 21, 2025, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2025, along with the statement of assets & liabilities and cash flow statement. The statutory auditors (Karnavat & Co.) issued an unmodified opinion on both sets of results, with the company separately declaring an unqualified audit report under SEBI Regulation 33(3)(d). The consolidated profit after tax for FY25 showed a strong year-on-year jump, primarily supported by a Rs. 9.69 crore share of profit from its Oman-based associate (Associated Industries Limited LLC, SFZ). Standalone profit after tax for FY25 also improved materially compared to FY24. The Board also appointed Dash Dwivedi & Associates LLP as the new Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30) and re-appointed CS Ankita Vishwakarma as Internal Auditor for FY 2025-26.
A clean (unmodified) audit opinion with no qualifications is reassuring for shareholders and supports investor confidence. However, both standalone and consolidated operating cash flows turned negative in FY25, which is a watchpoint despite the strong reported profits. The bulk of the consolidated profit came from the Oman associate rather than the core aluminium business, so investors should focus on segment-level aluminium performance. Auditor appointments are routine governance items.