Hind Commerce Limited Announces Key Appointments and Q1 FY2026 Results

2 min read     Updated on 07 Aug 2025, 02:00 PM
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Overview

Hind Commerce appointed Umesh Lahoti as Managing Director and Archna Maheshwari as Additional Director. The company reported Q1 FY2026 results with total income of ₹51.23 lakh, up from ₹36.37 lakh in Q1 FY2025, but posted a loss of ₹4.41 lakh compared to a profit of ₹8.53 lakh in the previous year. The 40th AGM is scheduled for September 24, 2025.

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Hind Commerce , a company involved in yarn and clothing trading, has made significant announcements following its board meeting on August 7, 2025. The company has approved several key appointments and released its unaudited financial results for the first quarter of the fiscal year 2026.

Leadership Changes

The Board of Directors has appointed Mr. Umesh Lahoti as the Managing Director of the company for a five-year term, effective August 7, 2025. Mr. Lahoti, a Commerce graduate with over 36 years of experience in yarn and clothing trading, construction, textile, spinning, and cotton yarn exports, will oversee the day-to-day operations and management of the company. His appointment is subject to shareholder approval at the upcoming Annual General Meeting (AGM).

In addition, Mrs. Archna Maheshwari has been appointed as an Additional Director (Non-Executive, Independent) for a five-year term, also effective from August 7, 2025. Mrs. Maheshwari brings 18 years of rich experience in Company Law, Securities Laws, and Legal Due Diligence.

Secretarial Auditor Appointment

The company has also appointed Mrs. Sonam Jain as the Secretarial Auditor for a term of five years, from the Financial Year 2025-26 to 2029-30. Mrs. Jain, a Practicing Company Secretary, has extensive experience in Secretarial Audits and compliance management for listed and unlisted companies.

Financial Performance

Hind Commerce has released its unaudited financial results for the quarter ended June 30, 2025. The company reported:

Particulars Q1 FY2026 (₹ in Lakh) Q1 FY2025 (₹ in Lakh)
Total Income 51.23 36.37
Total Expenses 57.67 25.00
Profit/(Loss) Before Tax (6.44) 11.37
Profit/(Loss) After Tax (4.41) 8.53
Earnings Per Share (Basic) (0.15) 0.28

The company's total income for Q1 FY2026 increased to ₹51.23 lakh from ₹36.37 lakh in the same quarter of the previous year. However, total expenses rose significantly to ₹57.67 lakh, resulting in a loss before tax of ₹6.44 lakh, compared to a profit of ₹11.37 lakh in Q1 FY2025.

Annual General Meeting

The 40th Annual General Meeting of Hind Commerce is scheduled for September 24, 2025, at 3:00 p.m. at the company's registered office in Mumbai. The Register of Members and Share Transfer Books will be closed from September 18 to September 24, 2025 (both days inclusive) for the AGM.

These announcements reflect Hind Commerce's efforts to strengthen its leadership team and maintain transparency with its shareholders. The financial results indicate challenges in profitability, which the new management team will likely address in the coming quarters.

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