Hindustan Composites Limited has informed the Exchange about appointment of Secretarial Auditors and Senior Management Personnel of the Company
HINDCOMPOS · price
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The board of Hindustan Composites Limited met on 8th August 2025 and approved unaudited Q1 FY26 (quarter ended 30 June 2025) standalone and consolidated financial results. Revenue from operations rose to Rs 8,708 lakhs from Rs 7,715 lakhs in Q1 FY25, a growth of about 13% year-on-year. However, net profit declined to Rs 746 lakhs from Rs 867 lakhs, and EPS fell to Rs 5.05 from Rs 5.87. The board also approved the appointment of M/s. MR & Associates as Secretarial Auditors for a five-year term (FY 2025-26 to FY 2029-30), subject to shareholder approval at the 61st AGM. Additionally, Mr. Vimal KiritKumar Desai was appointed as GM-Purchase and designated as Senior Management Personnel. The dividend for FY25, if approved at the AGM, will be paid between 1st and 15th October 2025.
Higher revenue was offset by lower profitability in Q1 FY26, with net profit down about 14% YoY despite revenue growth. The appointments of a new secretarial auditor and a senior management hire are routine governance updates and unlikely to move the stock meaningfully on their own. Shareholders can expect the FY25 dividend to be paid in early October.