In terms of provision of Regulation 30 and other regulations, of the SEBI LODR Regulations, 2015, this is to inform that the Board of Directors of the Company at its Meeting May 30, 2026, ....
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Hittco Tools Ltd reported audited financial results for the year ended March 31, 2026. Revenue from operations grew 16.6% to Rs 8.10 crore from Rs 6.95 crore in the previous year. However, the company swung to a significant loss – profit before tax dropped to negative Rs 59.13 lakh from a profit of Rs 7.79 lakh, and net loss after tax stood at negative Rs 70.73 lakh. Total comprehensive income was negative Rs 71.76 lakh. The company also raised Rs 6.19 crore through preferential equity issuance. Statutory auditors DTSB & Associates issued an unmodified (clean) opinion on the financial statements, as confirmed in a separate declaration under Regulation 33(3)(d).
Despite revenue growth, the company swung to losses raising concerns about operational profitability. The balance sheet shows total liabilities of Rs 8.75 crore exceeding total assets of Rs 8.75 crore, indicating a weak financial position. Shareholders should monitor if the company can return to profitability given the significant loss in FY26.