Hariyana Ventures Limited (formerly Hariyana Metals Limited) has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, showing a significant turnaround in its performance.

Key Highlights

• Q2 FY26 revenue from operations stood at ₹18.69 lakhs, compared to nil in the previous quarter
• Profit after tax for Q2 FY26 was ₹10.59 lakhs, a substantial improvement from losses in previous periods
• Half-yearly profit after tax reached ₹5.49 lakhs, versus a loss of ₹97.38 lakhs in the same period last year
• Basic and diluted earnings per share for Q2 FY26 were ₹1.82

Financial Performance

Hariyana Ventures, which operates in the trading of iron and steel and related services, reported a notable improvement in its financial performance for the quarter ended September 30, 2025. The company's revenue from operations rebounded to ₹18.69 lakhs, after reporting no revenue in the previous quarter. This resurgence in revenue signifies a potential recovery in the company's core business activities.

The company's profitability showed a marked improvement, with a profit after tax of ₹10.59 lakhs for Q2 FY26. This represents a significant turnaround from the loss of ₹5.10 lakhs in the previous quarter and a substantial loss of ₹91.38 lakhs in the same quarter of the previous year.

For the half-year period ended September 30, 2025, Hariyana Ventures achieved a profit after tax of ₹5.49 lakhs. This is in stark contrast to the loss of ₹97.38 lakhs reported for the corresponding period in the previous year, indicating a positive shift in the company's financial trajectory.

Earnings Per Share

The basic and diluted earnings per share for the quarter stood at ₹1.82, reflecting the improved profitability on a per-share basis.

Balance Sheet Position

As of September 30, 2025, Hariyana Ventures reported:

Cash Flow

The company's cash and cash equivalents at the end of the half-year stood at ₹7.21 lakhs, showing a slight increase from ₹6.89 lakhs at the beginning of the period.

Management Commentary

The results were reviewed by the audit committee and approved by the board of directors on November 12, 2025. The statutory auditors have issued an unmodified review report on these unaudited financial results.

Outlook

The company's return to profitability and revenue generation in Q2 FY26 may indicate a positive trend for Hariyana Ventures. However, investors and stakeholders should note that these are unaudited results and may be subject to changes. The company's ability to sustain this performance in the coming quarters will be crucial in establishing a consistent growth trajectory.

Hariyana Ventures Limited continues to operate in a single business segment of trading iron and steel and related services. The company's financial results are available on its website at www.hariyanametals.in , as per SEBI regulations.

Hariyana Ventures Limited , a company engaged in the trading of iron and steel, has released its unaudited financial results for the first quarter ended June 30. The company's Board of Directors approved these results at a meeting held on August 4.

Financial Performance

The company reported a net loss of ₹5.10 lakhs for the quarter, a significant shift from the profit of ₹16.92 lakhs recorded in the previous quarter ended March 31. This decline in profitability comes as the company faced challenges in its operations.

Notably, Hariyana Ventures reported no revenue from operations during the quarter, compared to ₹3.32 lakhs in the previous quarter. The absence of operational revenue highlights the difficulties faced by the company in its core business activities.

Expenses and Profitability

Despite the lack of revenue, the company managed to reduce its total expenses to ₹6.89 lakhs, down from ₹8.86 lakhs in the prior quarter. The breakdown of expenses is as follows:

The reduction in expenses, however, was not sufficient to offset the lack of revenue, resulting in a loss before tax of ₹6.89 lakhs.

Other Comprehensive Income

Interestingly, despite the operational loss, Hariyana Ventures recorded a total comprehensive income of ₹25.89 lakhs. This positive outcome was primarily due to other comprehensive income of ₹30.99 lakhs, which mainly consisted of net fair value gains on equity investments amounting to ₹36.44 lakhs.

Earnings Per Share

The basic and diluted earnings per share for the quarter stood at negative ₹0.88, reflecting the company's loss position.

Company Operations

Hariyana Ventures Limited operates solely in the trading of iron and steel sector. The company has no subsidiaries, associates, or joint ventures, as per the notes to the financial results.

Management Statement

Mr. Harish Gangaram Agrawal, the Managing Director of Hariyana Ventures Limited, signed off on the financial results. The company's management has prepared the financial results in accordance with Indian Accounting Standards (Ind AS) and other recognized accounting practices and policies.

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors. The Statutory Auditor has issued an unmodified review report on these financial results.

Investors and stakeholders can access the detailed financial results on the company's website at www.hariyanaventures.in , as per SEBI regulations.