Hisar Metal Industries Limited has informed the Exchange about Appointment of Cost Auditor
HISARMETAL · price
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Hisar Metal Industries Limited held its Board meeting on May 30, 2026, approving audited financial results for Q4 and FY2026. Total income grew 7% to Rs. 26,196 lakhs from Rs. 24,483 lakhs in the previous year. Net profit increased 8.7% to Rs. 338 lakhs from Rs. 311 lakhs, with EPS rising to Rs. 6.41 from Rs. 5.83. The Board recommended a dividend of Rs. 1 per equity share (10%) for FY2025-26, subject to shareholder approval at the AGM scheduled for August 28, 2026. Two new Independent Directors - Mr. Manish Jain and Mr. Shreyaskar Chaudhary - were appointed, while Mr. Rajender Kumar Leekha and Mr. Sanjay Kumar Jain resigned. Ms. Ritu Agarwal was appointed Internal Auditor and M/s. Naveen Gupta & Co. as Cost Auditor for FY2026-27. Statutory auditors Ram Sanjay & Co. issued an unmodified opinion.
The company showed steady growth with 7% revenue increase and improved profitability, which is positive for shareholders. The maiden dividend recommendation signals management confidence in the business. Board reconstitution with two new independent directors strengthens governance. The stock is listed on BSE (Scrip Code: 590018) and NSE (Scrip Code: HISARMETAL) under permitted trading category.