HVAX Technologies Limited — Board Meeting, 17-05-2025: Outcome of Board Meeting

HVAX Technologies has announced a board meeting approving the audited financial results for the quarter and half-year ended March 31, 2025. Revenue for the year reached ₹131.03 Cr, with net profit at ₹11.04 Cr, reflecting strong growth. The board appointed M/s Parth Nair & Associates as Secretarial Auditor and M/s CHK & Associates as Internal Auditor for FY 2025-26. Post-IPO, equity share capital rose to ₹27.77 Cr and reserves surged to ₹69.24 Cr, bolstering the company’s balance sheet.