Hindustan Motors Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
Awaiting price reaction for this filing.
Hindustan Motors submitted audited FY25 results showing a net profit of Rs. 1,567 lakhs, down from Rs. 2,542 lakhs in FY24. Revenue from operations fell to Rs. 225 lakhs (from Rs. 325 lakhs) as the company has had no manufacturing activity since its Uttarpara plant was suspended in May 2014. Most of the year's profit came from selling off old plant and equipment, which generated a Rs. 1,743 lakh gain. Total equity rose to Rs. 3,190 lakhs and the company is debt-free, with accumulated losses cut sharply from Rs. 25,218 lakhs in 2017 to Rs. 10,752 lakhs. Q4 FY25 alone posted a Rs. 67 lakh loss. However, cash flow from operations was deeply negative at Rs. (2,694) lakhs, and the auditor flagged a 'material uncertainty related to going concern' along with an emphasis-of-matter on a West Bengal government order to resume the Uttarpara land.
The headline profit is driven by one-time asset sales, not a working business, and the auditor's going-concern warning is a real red flag for survival. Shareholders should note no dividend was declared, the stock remains speculative, and any future value depends on the outcome of the land dispute and the company's revival plans.