Hindprakash Industries Limited reported a 67% year-on-year increase in net profit to ₹274.64 crore for the financial year ended March 31, 2026. Revenue from operations for the year rose 13% to ₹11,505.93 crore from ₹10,181.60 crore in the previous year. The board approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026.

For the quarter ended March 31, 2026, the company recorded a net profit of ₹207.47 crore, compared to ₹42.06 crore in the corresponding period of the previous year. Revenue from operations for the quarter stood at ₹3,080.13 crore. Total income for the year increased to ₹12,167.59 crore from ₹10,449.02 crore in FY25. The company’s earnings per share (EPS) for the year improved to ₹2.40 from ₹1.44 in the previous year.

The board also appointed M/s. A.G Tulsian & Co., Cost Accountant, as the Cost Auditor for the financial year 2026-27. The firm was appointed at an annual remuneration of ₹60,000, excluding applicable taxes and out-of-pocket expenses. The meeting commenced at 03:00 P.M. and concluded at 04:10 P.M.

Financial Highlights for FY26

The statutory auditors, M/s. K K A K & Co, issued an audit report with an unmodified opinion on the standalone financial results. The trading window for insiders, which was closed since April 01, 2026, will re-open after 48 hours from the time the financial results become generally available to the public.

Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published the standalone audited financial results in newspapers on May 30, 2026. The results were advertised in The Indian Express (English Edition) and Financial Express (Gujarati Edition). Utsav Himanshu Trivedi, Company Secretary & Compliance Officer, confirmed the submission to the exchanges.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE05X901010/3b28edb3e2f24ce9.pdf

Hindprakash Industries Limited has completed the postal ballot proceedings for the disposal of its entire unit/undertaking, with shareholders approving the proposal on April 21, 2026. The special resolution was passed with 99.80% of votes polled in favour, according to the scrutinizer's report submitted to the stock exchanges.

The Board of Directors had decided on March 18, 2026, to obtain member consent through postal ballot under Section 110 of the Companies Act, 2013, read with Rule 22 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resolution sought approval to sell, transfer, or otherwise dispose of the whole of the unit/undertaking of the company.

The voting process was conducted entirely through remote e-voting facility provided by CDSL (Central Depository Services (India) Limited). Notices were sent via email to members whose names appeared in the register of members or records of depositories as on March 13, 2026. The voting period remained open from March 23, 2026, at 9:00 a.m. IST until April 21, 2026, at 5:00 p.m. IST.

The detailed voting results show strong support across shareholder categories:

Mr. Om Prakash Mangal, Chairman & Non-Executive Director, declared the results in the presence of Whole-time Director Santosh Narayan Nambiar. The Board had appointed Mr. Uday Dave and Mr. Umesh Parikh, Partners of Parikh Dave & Associates, Practicing Company Secretaries, as scrutinizers to ensure the postal ballot and voting process was conducted in a fair and transparent manner.

The resolution was duly passed with the requisite majority on April 21, 2026. The company has submitted the proceedings of the postal ballot to both the National Stock Exchange of India Limited and BSE Limited for their records as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.