Hindoostan Mills Ltd — Results, 14-05-2025: Result

Hindoostan Mills has announced a board meeting outcome approving the audited financial results for the quarter and year ended March 31, 2025, with the auditors issuing an unmodified opinion. The company reported a loss of Rs. 1,077.39 lakhs for the year, mainly due to the textile division which showed significant losses and is now slated for closure, subject to government approval. The engineering segment remained profitable. Total capital employed declined to Rs. 3,915.53 lakhs. The board reappointed Ms. Geeta J. Palan as Woman Independent Director for a second five-year term pending shareholder approval. A secretarial auditor was proposed for reappointment.