ALPHA TRIBE

Hariyana Ventures LtdBoard Meeting, 24-05-2025: Board Meeting

24-05-2025 | 02:01 pm

Hariyana Ventures Limited has announced a board meeting on May 24, 2025, during which it approved the financial results for the quarter and half-year ended March 31, 2025, along with the audited statement of assets and liabilities. The company reported a profit after tax of ₹16.92 lakh for the quarter and a loss of ₹32.60 lakh for the year. Total income for the year stood at ₹59.39 lakh against total expenses of ₹26.92 lakh, resulting in a profit before tax of ₹32.48 lakh. The board also appointed M/s Sonu Sharma & Associates as the internal auditor for FY 2025-26. The statutory auditor provided an unmodified opinion on the audited financials, indicating clean audit reports. The company’s net worth reduced to ₹166.73 lakh mainly due to lower reserves, while borrowings declined notably in the year. Cash flows reflected outflows from operations and financing but inflows from investing activities. This update underscores ongoing efforts to strengthen governance and maintain financial transparency for shareholders.

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