Hisar Metal Industries reported a standalone net profit of ₹1.8 crore for the quarter ended June 30, 2026, marking a significant turnaround in profitability compared to the prior year. The company’s Board of Directors approved the unaudited financial results on August 08, 2026, revealing that net profit surged 329% year-on-year from ₹42 lakh in Q1FY26. This sharp improvement was primarily driven by a reduction in finance costs and better cost management, even as revenue from operations dipped slightly to ₹64.42 crore from ₹62.10 crore in the corresponding period last year.

The Board meeting, held at the company’s registered office in Hisar, Haryana, commenced at 10:30 a.m. and concluded at 12:15 p.m. The financial results were reviewed and recommended by the audit committee before being presented to the Board. The results have been prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013, read with the Companies (Indian Accounting Standards) Rules, 2015. A limited review of the unaudited financial results was conducted by the company’s Statutory Auditors, Ram Sanjay & Co., Chartered Accountants.

Financial Performance Overview

While top-line growth remained muted, the company demonstrated strong bottom-line expansion through efficient expense control. Total income for the quarter stood at ₹64.50 crore, compared to ₹62.33 crore in Q1FY26. Operating expenses decreased significantly, with total expenses falling to ₹62.09 crore from ₹61.77 crore in the same quarter last year, despite a rise in other expenses. Notably, finance costs dropped to ₹1.45 crore from ₹1.68 crore, contributing positively to the profit before tax, which rose to ₹2.41 crore from ₹56 lakh.

Earnings per share (EPS) for the quarter increased substantially to ₹3.33 from ₹0.78 in the previous year’s corresponding period. The company’s paid-up equity share capital remained unchanged at ₹5.4 crore. There were no exceptional items recorded during the quarter, and deferred tax provisions are scheduled to be made at year-end as per standard practice.

What the Numbers Show

The most striking aspect of this quarter’s performance is the divergence between revenue trends and profitability metrics. While revenue from operations contracted by approximately 3.7% year-on-year, net profit more than quadrupled. This suggests a significant improvement in operational efficiency rather than volume-driven growth. The decline in other income (from ₹23 lakh to ₹8 lakh) indicates that the profit surge is operationally grounded, not reliant on one-off gains. Furthermore, the reduction in finance costs highlights effective debt management or favorable interest rate environments, directly boosting the bottom line. Investors should monitor whether this margin expansion can be sustained alongside stable or growing revenues in subsequent quarters.

Hisar Metal Industries Limited has completed the dispatch of the notice for its 36th Annual General Meeting (AGM) to all eligible shareholders, confirming readiness for the upcoming shareholder vote on ordinary and special business items. The meeting is scheduled to take place on Friday, August 28, 2026, at 9:00 a.m. at the company’s registered office located near Industrial Development Colony, Delhi Road, Hisar. This procedural milestone ensures that members receive timely information regarding the financial year ended March 31, 2026, and related governance matters.

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has published an advertisement in newspapers confirming the dispatch. Electronic copies of the AGM notice and the Annual Report for 2025-26 have been sent to members with registered email IDs, while physical letters containing web links were dispatched to those without registered emails. The documents are also available on the company’s website and the National Securities Depository Limited (NSDL) e-voting portal.

E-Voting and Record Date Details

Pursuant to Section 108 of the Companies Act, 2013 and Regulation 44 of the SEBI Listing Regulations, the company is providing remote e-voting facilities through NSDL. Shareholders whose names appear in the register of members or beneficial owners as on the cut-off date of August 21, 2026, are eligible to vote. The remote e-voting window opens on Tuesday, August 25, 2026, at 9:00 a.m. and closes on Thursday, August 27, 2026, at 5:00 p.m.

Members who have already cast their votes via remote e-voting may attend the meeting but cannot vote again. Those who have not voted remotely can exercise their right to vote using ballot papers at the venue. For any queries regarding e-voting, shareholders may contact NSDL or the Company Secretary at vcugh@hisarmetal.com .

Book Closure and Dividend Eligibility

The Register of Members and Share Transfer Books will remain closed from Tuesday, August 18, 2026, to Friday, August 28, 2026, inclusive. This closure is necessary to determine eligibility for dividend payment, if declared by the Board of Directors during the AGM for the financial year ended March 31, 2026. The record date for dividend purposes is fixed at August 17, 2026, as per Section 91 of the Companies Act, 2013 and Rule 10 of the Companies (Management and Administration) Rules, 2014.