ALPHA TRIBE

Hem Holdings & Trading LtdResults, 30-05-2025: Result

30-05-2025 | 05:20 pm

Hem Holdings and Trading Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported total revenue of ₹37.46 lakh for the year, with a loss before tax of ₹120.31 lakh, impacted by unusually high other expenses of ₹155.72 lakh. The net owned funds stood negative at ₹458.10 lakh, with no planned capital infusion to meet regulatory norms. During the year, the company sold equity shares of Simplex Casting Ltd. for ₹97.20 lakh, realizing a capital gain of ₹75.19 lakh. Advances of ₹5.41 crore were received against the sale of land and building in Mumbai, now classified as assets held for sale. The company reappointed Meena Naidu & Associates as Secretarial Auditor and M D N & Associates as Internal Auditor.

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