Hindustan Composites Limited — Others, 07-05-2025: Change in Auditors

Hindustan Composites Limited has announced a board meeting on which it approved the financial results for the quarter and financial year ended March 31, 2025. The company reported consolidated revenue of Rs. 325.08 Cr and a net profit of Rs. 35 Cr for the year. An exceptional charge of Rs. 12.75 Cr relates to settling a disputed ex-workmen claim. The board proposed a dividend of Rs. 2 per share and re-appointed internal and cost auditors for FY26. A capacity expansion adding 75,000 railway brake blocks monthly was approved, funded through internal resources to meet rising demand.