Haryana Financial Corporation Ltd — Results, 05-06-2025: Result

Haryana Financial Corporation has announced a board meeting on 21st May 2025 approving the audited financial results for the year ended March 31, 2025. The Corporation reported a net loss of Rs. 1.04 lakh. Total income was Rs. 5.76 crore, driven mainly by interest income and other miscellaneous revenues, while total expenditure stood at Rs. 5.65 crore. The corporation continues in a winding-up process initiated by the State Government, with Haryana State Industrial Infrastructure Development Corporation (HSIIDC) managing the formalities, including delisting of shares from the Bombay Stock Exchange. Contingent liabilities related to court cases and claims remain, but no provisions have been adjusted for these. Fixed assets and loan portfolios are maintained with prudent provisioning norms. The Corporation’s ability to continue as a going concern is subject to material uncertainty due to the ongoing winding-up process and related administrative steps.