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Hindustan Agrigenetics LtdBoard Meeting, 30-05-2025: Board Meeting

30-05-2025 | 04:35 pm

Hindustan Agrigenetics Limited has announced a board meeting outcome approving the audited financial results for the quarter and half-year/year ended March 31, 2025, with the statutory auditor issuing an unmodified opinion. The company reported a net loss of Rs. 51.61 lakhs for the quarter, compared to a profit of Rs. 2.47 lakhs last year, and a net loss of Rs. 30.50 lakhs for the year versus a profit of Rs. 46.94 lakhs previously. Earnings per share stood at (Rs. 1.17) for the quarter and (Rs. 0.69) for the year. The board has appointed M/s. G.R Gupta & Associates as the Secretarial Auditors for five years. The company’s assets and equity remained stable, with cash and cash equivalents at Rs. 5.14 Cr at year-end, though lower than the previous year, reflecting significant investing activity and loan advances.

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