Hubtown Limited — Board Meeting, 22-05-2025: Outcome of Board Meeting

Hubtown has announced a board meeting outcome approving the consolidated financial results for FY25, reporting total income of ₹526 Cr and a net loss of ₹27.9 Cr after adjustments. Profit before tax stood at ₹96.5 Cr, boosted by a one-time ₹42.2 Cr gain from lender settlement, while finance costs jumped to ₹135 Cr. The company will hold an EGM for approvals on borrowing limits, asset sales, and related party deals. Leadership updates include re-appointing Mr. Kartik Ruparel as Independent Director and appointing new internal and cost auditors for FY26. It also issued 62.5 lakh equity shares to promoters this quarter.