Hindustan Adhesives Ltd — Results, 03-07-2025: Result

Hindustan Adhesives Limited has announced a board meeting on its audited standalone and consolidated financial results for the quarter and half-year ended 31 March 2025. The company faced a fire at its Roorkee plant, resulting in significant damage to plant, machinery, and stock. An insurance claim receivable of Rs 212.85 lakh has been recognized, though the auditors issued a qualified opinion due to uncertainty over claim recovery. In October 2024, the company established a subsidiary in Indonesia, PT Bagla Group Indonesia, with 51% ownership. The consolidated financials include this overseas subsidiary and a wholly-owned Indian subsidiary.