ALPHA TRIBE

HB Estate Developers LtdBoard Meeting, 02-08-2025: Board Meeting

02-08-2025 | 02:19 pm

HB Estate Developers' board approved its financial results for the quarter ended June 30, 2025. The company reported revenue from operations of Rs. 23.76 Cr and a profit of Rs. 0.38 Cr for the period. Additionally, the company detailed recent equity changes. In March 2025, 2 million warrants issued to promoters were converted into equity shares. Further, 0.75 million warrants issued to non-promoters were also converted into equity shares in July 2025, contributing Rs. 19.17 Cr to the company. This capital infusion supports the company's hospitality business.

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