Hindustan Appliances Reports Q1 Results, Appoints New Director

1 min read     Updated on 07 Aug 2025, 07:08 PM
scanxBy ScanX News Team
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Overview

Hindustan Appliances Limited announced its Q1 FY26 financial results with revenue of ₹0.16 crore and profit before tax of ₹0.02 crore. The company appointed Mrs. Julie Mehul Shah as an Additional Director, bringing 24 years of experience to the board. Subsidiaries Kshanika Trading Limited and Jogindra Exports Limited reported nil revenues. Statutory auditor ADV & Associates conducted a limited review of the results.

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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:

Particulars Q1 FY26 (₹ in crore) Q4 FY25 (₹ in crore) Q1 FY25 (₹ in crore)
Revenue from Operations 0.16 1.43 -
Total Expenses 0.14 1.43 -
Profit before Tax 0.02 0.00 -
Earnings per Share (Basic & Diluted) 0.02 0.00 -

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.

Historical Stock Returns for Hindustan Appliances

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