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Hindusthan National Glass & Industries Ltd has announced a board meeting that approved the financial results for the quarter and half-year. The company posted a net profit of ₹25.95 Cr for the year but recorded a loss of ₹25.93 Cr in the last quarter, impacted by a fire at its Sinnar facility and furnace shutdowns. Capex is in progress to rebuild critical furnaces. The company remains under Corporate Insolvency Resolution Process, with restructuring efforts ongoing. Auditor appointments for the coming years were also confirmed.
All announcements from Hindusthan National Glass & Industries Limited