Hindustan Organic Chemicals Ltd — Results, 16-05-2025: Integrated Filing

Hindustan Organic Chemicals Limited has announced a board meeting on 16th May 2025 where the financial results for the quarter and half-year ended 31st March 2025 were approved. The standalone and consolidated results show a net profit of Rs. 519.67 Cr and Rs. 519.93 Cr respectively, with earnings per share of Rs. 77.36 (standalone) and Rs. 77.39 (consolidated). The government waived principal and interest amounting to Rs. 1,35,136.71 lakhs, which was recognized as an exceptional item. The company is implementing a government-approved restructuring plan, with ongoing sales of unencumbered land at Rasayani and Panvel and operations continuing at the Kochi plant. The subsidiary is in closure and classified as discontinued operations. The audit report carries an unmodified opinion. Non-compliance on board composition regarding independent and women directors persists. A liability of Rs. 43.07 Cr was provided as per a Mumbai High Court order for mesne profits. Internal auditors were re-appointed for FY 2025-26.