Harish Textile Engineers Ltd — Results, 14-08-2025: Result

Harish Textile Engineers' Board has approved its financial results for the quarter ended June 30, 2025, reporting revenue of Rs 31.76 Cr and a net profit of Rs 1.16 Cr. However, auditors highlighted material uncertainty regarding the company's ability to continue as a going concern due to Rs 21.27 Cr negative working capital. Significant concerns include unresolved legal challenges over past business transfers and corporate guarantees, plus the company not regularly depositing statutory dues. A strategic slump sale of the Textile Processing business is also in progress, awaiting lender approvals.