Hindustan Composites Limited — Important, 08-08-2025: General Updates

Hindustan Composites reported Q1 financial results, with revenue growing to ₹87.08 Cr from ₹77.15 Cr year-on-year. However, net profit dipped to ₹7.46 Cr from ₹8.67 Cr, mainly due to increased tax expenses. The board approved the financials and proposed the appointment of M/s. MR & Associates, a firm with 30 years of experience, as Secretarial Auditors for five years. Furthermore, Mr. Vimal K. Desai, a seasoned professional with 23 years in procurement and supply chain, was appointed as Senior Management Personnel (GM - Purchase). The company also confirmed its FY25 dividend payment window between October 1-15, pending shareholder nod.