Pursuant to regulation 33 of SEBI (LODR) Regulation, 2015, the Board of Director of the company at their Meeting held on 14th August, 2025 has inter-alia, Considered and Approved the Un-Audited ....
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Hittco Tools announced its Q1 FY26 (quarter ended June 30, 2025) unaudited standalone results with revenue from operations of ₹167 lakhs, up about 29% from ₹129.42 lakhs in the same quarter last year. Despite the revenue growth, the company reported a net loss of ₹28.78 lakhs, although this was narrower than the ₹33.96 lakh loss in Q1 FY25. Total expenses rose to ₹196.40 lakhs, driven mainly by higher material costs, employee costs, and other expenses. The auditor (DTSB & Associates) issued an unqualified limited review report with no concerns flagged. Separately, CFO Adatariya Ravikumar Jayeshbhai resigned and was replaced by Yash Vardhan Bhandari, Khushboo Agrawal was appointed as Company Secretary, and the Securities Appellate Tribunal ruled in the company's favour in a penalty matter against BSE.
Revenue growth is encouraging but the company continues to post quarterly losses, and cash balances dropped sharply from ₹49.24 lakhs to ₹17.44 lakhs, signalling ongoing cash strain. Multiple senior management changes (CFO and Company Secretary) add transition risk, while the SAT win removes a small penalty overhang. Small-cap, loss-making profile — investors should watch for sustained profitability.