ALPHA TRIBE

HB Leasing & Finance Company LtdBoard Meeting, 02-08-2025: Board Meeting

02-08-2025 | 04:31 pm

HB Leasing & Finance's Board of Directors has approved the unaudited financial results for the first quarter. The company reported a total income of Rs 0.04 Cr and incurred a loss of Rs 0.08 Cr for the period, resulting in a basic earnings per share of Rs (0.06). The statutory auditors conducted a limited review and expressed an unmodified opinion on these results. Additionally, the company previously raised Rs 3.24 Cr through a preferential share allotment. These funds were strategically utilized for business expansion, meeting working capital needs, general corporate purposes, and ensuring compliance with minimum net owned fund requirements.

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