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Hipolin LtdUpdates, 30-05-2025: Company Update

30-05-2025 | 12:02 am

Hipolin Ltd has announced a board meeting on the financial results for the quarter and half-year. The company reported a decline in total income to Rs 2,193.37 lakh for the year, against Rs 2,021.46 lakh previously, but expenses increased to Rs 2,521.07 lakh, leading to a loss before tax of Rs 327.70 lakh compared to Rs 88.56 lakh loss last year. Key assets reduced to Rs 1,297.81 lakh from Rs 1,627.78 lakh, with equity dropping to Rs 814.31 lakh. Operating cash flow remained negative at Rs 318.23 lakh, though investing activities generated Rs 276.30 lakh. Increased finance costs and declining profitability highlight ongoing operational challenges.

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