HLV LIMITED — Board Meeting, 09-08-2025: Outcome of Board Meeting
09-08-2025 | 03:09 pm
09-08-2025 | 03:09 pm
HLV Limited has announced a board meeting where the standalone financial results for the quarter ended 30th June, 2025 were approved. The company reported a net loss of Rs 3.47 crore, a notable decline from prior periods, with total income at Rs 43.97 crore.
Crucially, HLV is battling significant legal disputes with Airports Authority of India (AAI) over land leases and rent claims exceeding Rs 807 crore. AAI has also initiated eviction for the Mumbai hotel land. The company's future operations heavily depend on favorable court rulings and lease renewals. Investors should closely follow these material developments.
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