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Hira Automobiles LtdResults, 30-05-2025: Result

30-05-2025 | 01:32 pm

Hira Automobiles Limited has announced a board meeting outcome approving the financial results for the quarter and half-year ended March 31, 2025. Revenue from operations declined to Rs. 4630.96 lakhs for the quarter and Rs. 21120.64 lakhs for the year, down from the previous period. The company posted a modest profit before tax of Rs. 13.11 lakhs for the quarter and Rs. 97.11 lakhs for the year. Net profit stood at Rs. 15.12 lakhs for the quarter and Rs. 78.12 lakhs for the year. The balance sheet shows total equity of Rs. 1446.13 lakhs and borrowings of Rs. 831.37 lakhs. The audit report is unmodified, reflecting clean financials. The company operates solely in vehicle sales and service. Cash flows from operations improved to Rs. 845.74 lakhs while investing activities used Rs. 405.46 lakhs. Financing activities used Rs. 330.67 lakhs mainly due to interest payments. Incremental borrowings remained stable at Rs. 230.60 lakhs during the year, with a BB/Stable credit rating.

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