Hindustan Appliances Limited (HAL) has announced the approval of its unaudited financial results for the second quarter and first half of the fiscal year 2026. The company's Board of Directors convened on November 13, 2025, to review and approve the financial statements.

Key Highlights

• The Board meeting was held on November 13, 2025, from 3:20 PM to 3:40 PM.
• Approval of unaudited standalone and consolidated financial results for Q2 and H1 FY2026.
• ADV Associates, Chartered Accountants, provided a limited review report on the results.

Financial Position

The company's financial position as of September 30, 2025, shows:

Balance Sheet Analysis

Standalone Performance

• Total assets increased from ₹1,465.98 crores (as of March 31, 2025) to ₹1,477.48 crores.
• Other equity rose from ₹464.20 crores to ₹471.98 crores.

Consolidated Performance

• Consolidated total assets grew from ₹5,072.57 crores to ₹5,083.02 crores.
• The company maintains an inventory of ₹3,287.58 crores on a consolidated basis.

Liquidity Position

• Standalone cash and cash equivalents stand at ₹884.17 crores.
• Consolidated borrowings are at ₹3,600.13 crores.

Corporate Governance

HAL has demonstrated compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company plans to publish the results in newspapers as per regulatory requirements.

Auditor's Review

ADV & Associates, the company's statutory auditors, conducted a limited review of the financial results. Their report states that nothing has come to their attention that causes them to believe that the financial results do not present a true and fair view in accordance with applicable accounting standards and SEBI regulations.

Investors and stakeholders should note that these are unaudited results and may be subject to changes upon final audit.

Hindustan Appliances Limited, a prominent player in the appliance industry, has announced its unaudited financial results for the first quarter ended June 30, 2025, alongside a significant addition to its board of directors.

Financial Performance

The company's board of directors approved the unaudited standalone and consolidated financial results during a meeting held on August 7, 2025. The financial highlights for the quarter are as follows:

The company reported a revenue from operations of ₹0.16 crore for the quarter, compared to ₹1.43 crore in the previous quarter. The profit before tax stood at ₹0.02 crore, resulting in an earnings per share of ₹0.02.

Board Appointment

In a strategic move to strengthen its leadership, Hindustan Appliances has appointed Mrs. Julie Mehul Shah as an Additional Director, effective August 7, 2025. Mrs. Shah brings over 24 years of experience in Business Leadership, Management, Strategic Planning, and Business Development to the company's board.

Subsidiary Performance

The consolidated results include the performance of Hindustan Appliances' subsidiaries, Kshanika Trading Limited and Jogindra Exports Limited. Both subsidiaries reported nil revenues for the quarter.

Audit Review

The company's statutory auditor, ADV & Associates, conducted a limited review of both the standalone and consolidated financial results. The auditors stated that nothing has come to their attention that causes them to believe that the financial results do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices and policies.

Corporate Governance

The board meeting, which commenced at 4:00 p.m. and concluded at 4:30 p.m., also approved the composition of the Board of Directors. The company reaffirmed its commitment to transparency by arranging to publish the results in newspapers in accordance with SEBI regulations.

Hindustan Appliances Limited, with its registered office in Mumbai, continues to navigate the dynamic appliance market. The appointment of Mrs. Shah and the company's financial performance will be closely watched by investors and industry analysts in the coming quarters.