Clarification with respect to the query raised by BSE
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Hipolin Ltd's Board, at its meeting on May 29, 2025, approved the audited standalone and consolidated financial results for the year ended March 31, 2025, along with the auditor's report from SDPM & Co. On a standalone basis, the company reported a net loss of Rs. 88.61 lakhs in FY25, a sharp improvement from the Rs. 327.75 lakhs loss in FY24. Revenue from operations, however, declined to Rs. 1,973.12 lakhs from Rs. 2,156.42 lakhs in FY24, an 8.5% drop. Total expenditure fell to Rs. 2,110.13 lakhs from Rs. 2,521.18 lakhs, helping narrow the loss. The auditor issued an unqualified (clean) opinion on both standalone and consolidated results. Consolidated FY25 net loss stood at Rs. 88.56 lakhs, nearly flat versus Rs. 88.84 lakhs in FY24.
While the standalone loss narrowed sharply, the company remains unprofitable and is burning cash from operations (Rs. 318.27 lakhs outflow vs Rs. 160.77 lakhs last year). Reserves dropped to Rs. 501.31 lakhs from Rs. 828.93 lakhs, signaling continued equity erosion that shareholders should monitor.