Board Meeting held to 1. Consider and Approved Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2025 and 2. Considered and appointed Ms. Megha Samdani, ....
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Hipolin Ltd's board, meeting on August 13, 2025, approved standalone and consolidated unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations fell sharply to ₹326.58 lakhs from ₹661.03 lakhs in the same quarter last year, a drop of roughly 51%. The company slipped into a loss of ₹73.58 lakhs versus a small profit of ₹4.98 lakhs in Q1 FY25, with loss per share at ₹2.35. For the full FY25 (audited), revenue was ₹2,156.42 lakhs and the company reported a loss of ₹236.39 lakhs. The board also appointed Ms. Megha Samdani of M/s M K Samdani & Co. as secretarial auditor for FY 2024-25.
Sharp revenue decline and return to losses in Q1 signal continued operational stress for shareholders, though appointment of a new secretarial auditor is a routine compliance matter and not a governance red flag.