The Indian Hume Pipe Company Limited reported a net profit of ₹235.69 lakh for the quarter ended June 30, 2026, representing a 7.1% increase compared to ₹219.19 lakh in the same period last year. Revenue from operations declined slightly by 1.5% to ₹3028.05 lakh, down from ₹3074.30 lakh in Q1FY26. The company’s Board of Directors approved the unaudited financial results on August 12, 2026.

Financial Performance

Total revenue stood at ₹3197.77 lakh, including other income of ₹169.72 lakh, which rose significantly from ₹118.71 lakh in Q1FY25. Total expenses decreased to ₹2882.25 lakh from ₹2902.27 lakh in the prior year quarter. Profit before tax was ₹315.52 lakh, compared to ₹290.74 lakh in Q1FY26. Tax expenses amounted to ₹79.83 lakh.

Segment Analysis

The construction segment remained the primary revenue driver, accounting for all ₹3028.05 lakh in operating revenue. Segment profit before tax and finance costs was ₹426.27 lakh, up from ₹410.13 lakh in Q1FY26. The real estate segment recorded a loss of ₹5.36 lakh, compared to no activity in the previous year quarter. Finance costs declined to ₹105.38 lakh from ₹119.38 lakh in the prior year.

What the Numbers Show

Other income rose 42.9% year-on-year to ₹169.72 lakh, contributing approximately 5.3% to total revenue. This growth in non-operating income helped offset the slight decline in core operating revenue, supporting the overall improvement in pre-tax profits despite stable expense levels.

Balance Sheet & Assets

Total assets increased to ₹28347.16 lakh as on June 30, 2026, from ₹26963.03 lakh a year earlier. Construction segment assets grew to ₹22067.87 lakh, while real estate segment assets rose to ₹1676.89 lakh. Total liabilities stood at ₹13267.90 lakh, up from ₹12978.47 lakh in Q1FY26.

Auditor Review

M/s. K. S. Aiyar & Co., the statutory auditors, issued an unmodified limited review report on the unaudited financial results. The figures for the quarter ended March 31, 2026, are balancing figures between audited full-year data and unaudited nine-month figures.

The Indian Hume Pipe Co. Ltd. shareholders approved all five resolutions at the company’s 100th Annual General Meeting (AGM) held on August 3, 2026, via Video Conferencing (VC) or Other Audio Visual Means (OAVM). The key outcome was the reappointment of Ms. Anima B. Kapadia as a Non-Executive Director, alongside the adoption of audited financial statements for FY26 and the declaration of a dividend on equity shares. This unanimous backing reinforces governance stability as the company navigs its centennial year.

The meeting, presided over by Chairman & Managing Director Mr. Rajas R. Doshi, commenced at 2:30 p.m. (IST) and concluded at 3:21 p.m. (IST). In compliance with Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI) circulars, the deemed venue was the registered office in Mumbai. Sixty-six members attended remotely: nine from the Promoter Group and 57 from the Public category. Remote e-voting was available from July 30, 2026, to August 2, 2026, followed by e-voting during the AGM.

Voting Results Overview

All resolutions passed with overwhelming support. The promoter group voted in favor of all items, while public institutions and non-institutions showed near-unanimous approval. Notably, the reappointment of Ms. Kapadia faced minor opposition from public institutions but still secured passage.

Key Resolutions Passed

Under ordinary business, shareholders adopted the audited balance sheet and Statement of Profit and Loss for the year ended March 31, 2026. The Statutory Auditors, M/s. K. S. Aiyar & CO., issued an unmodified audit report. The remuneration for the Cost Auditor for FY2026-27 was also ratified.

Under special business, Ms. Anima B. Kapadia, who retires by rotation under Section 152(6) of the Companies Act, 2013, and Regulation 17(1A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was reappointed. She attains the age of 75 years on July 4, 2026. The commission payable to Non-Executive Directors was approved via special resolution.

Scrutinizer’s Report

Mr. J. H. Ranade of JHR & Associates served as the Scrutinizer. He confirmed that no invalid votes were found during the scrutiny process. The remote e-voting period ended on August 2, 2026, at 5:00 p.m. (IST), and e-voting during the AGM remained open until 3:36 p.m. (IST). The consolidated voting results and Scrutinizer’s Report have been submitted to the stock exchanges and placed on the company’s website and NSDL’s portal.