Hemang Resources reported a standalone net loss of ₹17.23 lakh for the quarter ended June 30, 2026, marking a reversal from the net profit of ₹53.64 lakh recorded in the same quarter last year. The company did not disclose revenue from operations for the current quarter, limiting visibility into top-line performance during the period.

The loss per share stood at ₹0.13 (basic and diluted), compared to earnings per share of ₹0.41 in Q1FY26. For the full fiscal year ended March 31, 2026, the company reported a net loss of ₹54.18 lakh, with revenue from operations totaling ₹808.08 lakh. Equity share capital remained unchanged at ₹1,320 lakh.

What the Numbers Show

The absence of disclosed revenue for Q1FY27, contrasted with a reported net loss, suggests that operating costs or non-operating expenses exceeded any unreported income streams. The swing from a profit of ₹53.64 lakh in Q1FY25 to a loss of ₹17.23 lakh in Q1FY26 indicates a significant deterioration in profitability over the year, despite the company generating ₹808.08 lakh in annual revenue for FY26.

Hemang Resources Limited submitted copies of the newspaper publication of its audited financial results for the quarter and year ended March 31, 2026, to BSE Limited on May 28, 2026. The publication appeared in Business Standard (English) and Thamizh Murasu (Tamil) on the same day, complying with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously reported a net loss of ₹42.92 lakh for FY26, a reversal from the net profit of ₹54.02 lakh in FY25.

Financial Performance

For the financial year ended March 31, 2026, revenue from operations declined to ₹808.08 lakh from ₹880.18 lakh in the previous year. Total expenses increased to ₹941.81 lakh from ₹890.57 lakh in FY25. The company reported a profit before tax of (₹54.18) lakh for FY26, compared to ₹86.03 lakh in the prior year. Basic earnings per share (EPS) for the year stood at (₹0.33), compared to ₹0.41 in FY25.

Segment Results

Hemang Resources operates through two primary divisions: Coal Trading and Infrastructure. The Coal Trading segment reported a revenue of ₹721.98 lakh for the year, while the Infrastructure segment contributed ₹86.10 lakh. The Coal Trading segment recorded a loss before tax and interest of ₹132.11 lakh, whereas the Infrastructure segment posted a profit of ₹76.75 lakh.

Board Decisions

The Board of Directors approved the standalone audited financial results during a meeting held on May 27, 2026. Additionally, the board approved the re-appointment of M/s RSPS & Associates, Chartered Accountants, as the Internal Auditor for the fiscal year 2026-2027. The statutory auditors, A. John moris & Co, provided an unmodified opinion on the standalone financial results, confirming compliance with Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.