Hindoostan Mills Ltd — Board Meeting, 06-08-2025: Board Meeting

Hindoostan Mills' board has approved the financial results for the quarter ended June 30, 2025. The company reported a net loss of Rs 1.19 Cr, largely influenced by discontinued operations. Its continuing operations, now solely the Engineering segment, posted a profit of Rs 1.05 Cr. However, the textile division, which the board decided to close and has received final closure orders for, incurred a loss of Rs 2.24 Cr for the quarter. This strategic shift to discontinue the textile business and focus entirely on engineering marks a significant change for the company, impacting its operational profile and future earnings. The net Earnings Per Share for the period was (Rs 7.15).