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HB Leasing and Finance Company Limited has announced a board meeting on which it approved the financial results for the quarter and half-year. The company reported a net loss of Rs. 13.40 lakh for the quarter and Rs. 29.30 lakh for the year, against profits in previous comparable periods. Total income stood at Rs. 0.81 lakh for the quarter and Rs. 19.02 lakh for the year. The company’s paid-up equity capital increased to Rs. 12.86 Cr following a preferential equity share allotment raising Rs. 3.24 Cr, which has been utilized for business expansion, working capital, and regulatory compliance. M/s Marv & Associates LLP was re-appointed as Internal Auditor, and M/s Dikshant Malhotra & Associates was appointed as Secretarial Auditor for five years, subject to shareholder approval. The statutory auditors issued an unmodified opinion on the results.