Outcome of Board Meeting held inter-alia, to approve the Standalone and Consolidated Unaudited Financial Results of the Company for the quarter ended 30th June, 2025.
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The Board of Hindusthan Udyog Ltd approved the unaudited financial results for the quarter ended June 30, 2025. The company reported zero revenue from operations, with total income of Rs 131.81 lacs coming entirely from 'other income', up from Rs 85.85 lacs a year ago. On a standalone basis, the company swung to a net profit of Rs 27.67 lacs versus a loss of Rs 28.82 lacs in Q1FY25, with EPS of Rs 0.45. On a consolidated basis (which includes subsidiaries and 5 associates), net profit was Rs 957.46 lacs versus Rs 1,603.28 lacs in the year-ago quarter, with the decline driven by a lower share of profits from associate companies (Rs 925.79 lacs vs Rs 1,632.10 lacs). EPS on a consolidated basis was Rs 15.46 vs Rs 25.88. Statutory auditors Salarpuria & Partners issued a clean (unqualified) limited review report on both sets of results.
Shareholders should note that the parent company has no operational revenue and earns its standalone profit only from other income. The real earnings power reflected in consolidated numbers depends heavily on associate companies (most notably WPIL Limited), so the stock's value is essentially a pass-through to its associates' performance rather than any operating business.