Hindustan Housing Company Resubmits Q1 Results After Signing Discrepancy

1 min read     Updated on 06 Aug 2025, 04:40 PM
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Reviewed by
Jubin VScanX News Team
Overview

Hindustan Housing Company Limited resubmitted its Q1 FY2024 results due to a signing discrepancy. The revised results show robust performance with revenue from operations at Rs. 129.01 lakhs, total revenue at Rs. 221.96 lakhs, and profit after tax at Rs. 89.14 lakhs. The company's total comprehensive income reached Rs. 462.57 lakhs. The resubmission was signed by Chairman Mahendra Gohel, and the statutory auditors provided an unmodified opinion on the financial results.

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Hindustan Housing Company Limited, a provider of administrative and allied services, has resubmitted its unaudited financial results for the quarter ended June 30, following a signing discrepancy in the original submission. The company's revised results showcase a robust financial performance for the first quarter.

Financial Highlights

The company reported the following key financial metrics for Q1:

Particulars Amount (Rs. in Lakhs)
Revenue from Operations 129.01
Other Income 92.95
Total Revenue 221.96
Profit Before Tax 116.83
Profit After Tax 89.14
Total Comprehensive Income 462.57

Correction of Signing Error

The resubmission was necessitated due to an inadvertent signing error in the original financial results. Initially, a Director had signed the document instead of the Chairman of the Board Meeting held on July 30. The company promptly addressed this discrepancy following communication from the BSE Ltd.

Revised Submission Details

The revised unaudited financial results were duly signed by Mahendra Gohel, the Chairman of Hindustan Housing Company Limited. Additionally, the company submitted a Limited Review Report dated July 30, issued by M/s M.M. Nissim & Co. LLP, the Statutory Auditors of the Company.

Performance Analysis

Hindustan Housing Company Limited demonstrated strong financial performance in Q1:

  • The company's revenue from operations stood at Rs. 129.01 lakhs, showing growth compared to the previous quarter's Rs. 94.43 lakhs.
  • Other income saw a significant increase to Rs. 92.95 lakhs, up from Rs. 38.40 lakhs in the preceding quarter.
  • The profit before tax reached Rs. 116.83 lakhs, a substantial rise from Rs. 28.66 lakhs in the previous quarter.
  • Total comprehensive income, including other comprehensive income, amounted to Rs. 462.57 lakhs.

Auditor's Review

M/s M.M. Nissim & Co. LLP, the Statutory Auditors, provided an unmodified opinion on the financial results. Their review was conducted in accordance with the Standard on Review Engagement (SRE) 2410, ensuring the reliability of the financial information presented.

Company Operations

Hindustan Housing Company Limited primarily operates in the segment of providing and rendering administrative and allied services. The company's financial results reflect its performance in this core business area.

The resubmission of Q1 results with the correct signatory underscores Hindustan Housing Company's commitment to regulatory compliance and transparent financial reporting. The strong financial performance demonstrated in this quarter sets a positive tone for the company's operations.

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Hindustan Housing Company Reports 322% Jump in Q1 Profit to Rs 89.14 Crore

1 min read     Updated on 30 Jul 2025, 03:16 PM
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Reviewed by
Ashish TScanX News Team
Overview

Hindustan Housing Company Ltd, an administrative services provider, reported impressive Q1 2025-26 results. Net profit soared 322% quarter-on-quarter to Rs 89.14 crore. Revenue from operations increased to Rs 129.01 crore. Total revenue reached Rs 221.96 crore, up from Rs 132.83 crore in the previous quarter. EPS rose to Rs 368.35. The company's total comprehensive income was Rs 462.57 crore, including a substantial other comprehensive income of Rs 373.43 crore.

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*this image is generated using AI for illustrative purposes only.

Hindustan Housing Company Ltd , a provider of administrative and allied services, has reported a significant surge in its financial performance for the quarter ended June 30, 2025. The company's unaudited financial results, approved by the Board of Directors on July 30, 2025, reveal impressive growth across key metrics.

Financial Highlights

  • Net Profit: Rs 89.14 crore, up 322% from Rs 21.13 crore in the previous quarter and 66% from Rs 53.84 crore year-on-year
  • Revenue from Operations: Rs 129.01 crore, increased from Rs 94.43 crore in the previous quarter and Rs 122.63 crore year-on-year
  • Other Income: Substantial rise to Rs 92.95 crore from Rs 38.40 crore in the previous quarter
  • Total Revenue: Rs 221.96 crore, up from Rs 132.83 crore in the previous quarter
  • Earnings Per Share (EPS): Rs 368.35, compared to Rs 87.31 in the previous quarter

Comprehensive Income

The company's total comprehensive income reached Rs 462.57 crore, driven by a substantial other comprehensive income of Rs 373.43 crore.

Operational Performance

Particulars (in Rs Lakhs) Q1 2025-26 (Unaudited) Q4 2024-25 (Audited) Q1 2024-25 (Unaudited)
Revenue from Operations 12901.00 9443.00 12263.00
Other Income 9295.00 3840.00 3080.00
Total Revenue 22196.00 13283.00 15343.00
Total Expenses 10513.00 10417.00 9477.00
Profit before Tax 11683.00 2866.00 5866.00
Net Profit 8914.00 2113.00 5384.00

Management Commentary

While specific management comments were not provided, the significant increase in profitability and revenue suggests strong operational performance and potentially improved market conditions for the company's services.

About the Company

Hindustan Housing Company Ltd is primarily engaged in providing and rendering administrative and allied services. The company's registered office is located at Bajaj Bhawan, 2nd Floor, Jamnalal Bajaj Marg, Nariman Point, Mumbai.

Auditor's Review

M/s M.M. Nissim & Co. LLP, the statutory auditors of the company, conducted a limited review of the financial results. They reported that nothing has come to their attention that causes them to believe that the financial statements are not prepared in accordance with applicable accounting standards and SEBI regulations.

The company's strong financial performance in the first quarter of the fiscal year 2025-26 demonstrates its robust business model and effective management strategies in the administrative services sector.

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