We would like to inform you that the meeting of the Board of Directors of the Company held on Friday, 14Th November, 2025 at the registered office of the Company and the following matters ....
Price
▲ 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, at its meeting on 14th November 2025, approved the unaudited standalone financial results for Q2 FY26 (quarter ended 30 September 2025). Revenue from operations rose to Rs 204.65 lakhs, up about 49% from Rs 137.50 lakhs in the same quarter last year; half-year revenue grew to Rs 372.27 lakhs from Rs 267.93 lakhs. However, the company continued to post losses, with a Q2 loss before tax of Rs 24.55 lakhs (narrower than Rs 29.06 lakhs a year ago) and a half-year loss of Rs 53.33 lakhs. Other equity remains deeply negative at Rs -344.39 lakhs, and cash on hand is only Rs 1.13 lakhs. The Board also approved forfeiture of 2,47,600 partly paid-up equity shares after shareholders failed to pay the balance allotment money.
Despite strong top-line growth, the company remains loss-making with eroded net worth and very thin cash, raising concerns about financial sustainability even as the trading window reopens. Shareholders should note the persistent losses, negative reserves, and the cancellation of partly paid shares, which may weigh on the stock in the short term.