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Halder Venture LtdUpdates, 28-05-2025: Company Update

28-05-2025 | 10:36 pm

Halder Venture Limited has announced a board meeting on the financial results for the quarter and half-year. The Board approved both standalone and consolidated audited financial results for the year ended March 31, 2025, noting audit reports. A final dividend of Re. 1 per share is recommended, pending shareholder approval. They appointed M/s Manoj Shaw & Co as Secretarial Auditor for five years and J Pal & Co as Cost Auditor for FY 2025-26. The company acquired the Haldia Manufacturing Unit of K.S. Oil Limited, with Rs. 64.30 Cr paid as capital advance pending property transfer. The amalgamation of five subsidiaries was completed, increasing equity shares by 9.85 lakh. The Managing Director was recommended for reappointment for five years.

Standalone net profit rose to Rs. 148.90 Cr from Rs. 102.90 Cr last year. Consolidated profit declined to Rs. 10.38 Cr from Rs. 20.42 Cr, impacted by higher expenses and mergers. Revenue from operations grew in standalone (Rs. 231.80 Cr) and consolidated (Rs. 146.99 Cr) results. The company continues its focus on rice and edible oil segments, maintaining sizable assets and liabilities as per latest filings.

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