ALPHA TRIBE

BirlaNu LimitedResults, 06-02-2025: Integrated Filing- Financial

06-02-2025 | 08:44 pm

HIL Limited has announced a board meeting to discuss and approve the financial results for the quarter and nine months ended December 31, 2024. The company reported a standalone revenue of ₹49.65 crore, with a loss before tax of ₹19.23 crore, driven partly by exceptional items related to asset sales. Consolidated results reflected a revenue of ₹80.53 crore, resulting in a loss before tax of ₹51.10 crore. Following the acquisition of several subsidiaries, the board approved a scheme of amalgamation, enhancing the company's consolidation strategy. Investors may see a potential risk due to the continued losses, but the amalgamation could present long-term growth opportunities.

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