Hindustan Motors Limited — Board Meeting, 22-05-2025: Outcome of Board Meeting
22-05-2025 | 02:35 pm
22-05-2025 | 02:35 pm
Hindustan Motors has announced a board meeting approving audited financial results for the quarter and financial year ended March 31, 2025. The company posted a net profit of Rs. 16.10 Cr for the year, bouncing back from prior losses, mainly due to gains from selling old assets. Operations remain halted with the Uttarpara plant inactive since 2014. Net worth stands at Rs. 24.61 Cr with no debt and healthy liquidity. The company is actively working on fundraising and business revival, alongside ongoing legal efforts to resume activities on its Uttarpara land.
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