Pursuant to regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company at their meeting held on 14th August, 2025 ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Hittco Tools' board approved unaudited standalone financial results for Q1 FY26 (quarter ended June 30, 2025), reporting revenue of Rs. 167.00 lakhs, up from Rs. 129.42 lakhs in Q1 FY25, but posting a net loss of Rs. 28.78 lakhs versus a loss of Rs. 33.96 lakhs a year ago. The board accepted the resignation of CFO Mr. Adatariya Ravikumar Jayeshbhai and appointed Mr. Yash Vardhan Bhandari as the new CFO, along with Ms. Khushboo Agrawal as Company Secretary. The SAT ruled in the company's favour, setting aside a Rs. 1.05 lakh BSE penalty related to a past LODR filing technicality. A registered valuer was also appointed for a proposed preferential allotment, and M/s. Manjeet and Associates was reappointed as Secretarial Auditor for a fresh five-year term subject to shareholder approval.
Revenue growth is encouraging, but the continued quarterly loss and only marginal year-on-year improvement in profitability signal weak operating performance, which may keep the stock under pressure. Positive: management change brings a new CFO with corporate finance experience, and the SAT win removes a minor regulatory overhang.