HPILNSEHindprakash Industries LimitedMediumNeutral
Announced Thu, 28 May · 16:36 IST

Hindprakash Industries Limited has informed the Exchange regarding Appointment of Mr M/s. A.G Tulsian & Co. as Cost Auditor of the Company of the company w.e.f. May 28, 2026.

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AI summary

Hindprakash Industries Limited's Board meeting on May 28, 2026 approved two items: (1) Audited standalone financial results for Q4 and FY ended March 31, 2026, showing revenue from operations of Rs 3,857.95 Lakhs for Q4 and Rs 11,505.93 Lakhs for the full year, with net profit after tax of Rs 274.64 Lakhs for Q4 and Rs 207.47 Lakhs for FY26 (up from Rs 164.43 Lakhs in FY25). EPS stood at Rs 2.40 for the year. Total equity increased to Rs 5,443.08 Lakhs from Rs 5,168.53 Lakhs. (2) Appointment of M/s. A.G Tulsian & Co., a practicing cost accounting firm based in Ahmedabad/Vadodara, as Cost Auditor for FY 2026-27 at an annual remuneration of Rs 60,000. This is a routine annual appointment required under the Companies Act for cost audit compliance.

Likely market impact

The appointment of a new cost auditor is routine and carries no immediate shareholder impact. The financial results show improved profitability year-over-year, indicating operational strength.