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Hindware Home Innovation LimitedResults, 14-02-2025: Integrated Filing- Financial

14-02-2025 | 05:21 pm

Hindware Home Innovation Limited has announced a board meeting to discuss integrated financial results for the quarter and nine months ended 31st December 2024. The company reported consolidated revenue from operations at ₹594.23 crore, with a net loss after tax of ₹16.94 crore. Standalone results showed revenue of ₹67.35 crore and a net loss of ₹13.19 crore. The results reflect ongoing challenges, particularly in the consumer appliances segment, which reported a loss due to decreased revenues. Investors may view this as a potential risk given the continued operational difficulties and losses in key segments. The company has reaffirmed that there were no deviations in the use of funds from its recent rights issue of ₹249.70 crore.

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