The Board of directors at the meeting held today at 04.12 p.m (start time) and concluded at 04.37 p.m (conclusion time), approved the following: 1. Unaudited Financial Results for the ....
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Hindustan Hardy Limited, a Nashik-based propeller shaft manufacturer, reported strong Q1 FY26 results (quarter ended June 30, 2025) with revenue from operations rising to Rs. 2,675.03 lakhs from Rs. 1,653.12 lakhs in the same quarter last year — a growth of about 62%. Net profit after tax jumped sharply to Rs. 298.20 lakhs from Rs. 79.36 lakhs, a nearly 276% increase, driven by both higher sales and better operating efficiency. Earnings per share stood at Rs. 19.90 (basic) versus Rs. 5.30 a year ago. Total income for the quarter was Rs. 2,705.58 lakhs, with profit before tax reaching Rs. 405.87 lakhs. The statutory auditors (Daga & Chaturmutha) issued a clean limited review report with no qualifications. The Board also approved the appointment of M/s Parikh & Associates as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30), subject to shareholder approval.
This is a clearly positive quarter for shareholders — both top-line and bottom-line have grown at a strong pace, margins have expanded, and the clean auditor review removes any near-term concern about the quality of reported numbers. The stock may see positive sentiment, though the company's small scale and single-segment exposure (propeller shafts) should be kept in mind.