Hisar Metal Industries Limited has informed the Exchange regarding Board meeting held on August 09, 2025.
HISARMETAL · price
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The Board approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations stood at Rs 6,219 lakhs, down about 2% from Rs 6,358 lakhs in the same quarter last year. Net profit came in at Rs 42 lakhs, roughly half of the Rs 87 lakhs reported in Q1 FY25, with EPS at Rs 0.78 versus Rs 1.61 a year ago. The Board also approved the Directors' Report for FY25 and the notice for the 35th Annual General Meeting, which is scheduled for September 19, 2025, at the registered office in Hisar, Haryana. Additionally, M/s Naveen Gupta & Co., Cost Accountants, was appointed as Cost Auditor for FY 2025-26. Statutory auditors Ram Sanjay & Co. issued an unmodified limited review report on the results.
The year-on-year decline in both revenue and, more sharply, net profit signals weaker quarterly performance and may weigh negatively on the stock in the near term. The 35th AGM on September 19 will be the next key event for shareholders, with the Director's Report and FY25 results to be taken up for approval.