HMT Limited's Q1 financial results show a mixed performance. Standalone profit increased by 9.37% to Rs 1,214.00 lakhs, with total income at Rs 2,117.00 lakhs. However, consolidated results show a loss of Rs 2,777.00 lakhs, slightly improved from last year's Rs 2,894.00 lakhs loss. Consolidated total income was Rs 3,728.00 lakhs. The Machine Tools segment generated the highest revenue but faced significant losses. The company's balance sheet indicates ongoing financial pressures with total assets at Rs 51,883.00 lakhs and total liabilities at Rs 244,530.00 lakhs.
23Jul 25
HMT Limited Reports Mixed Financial Performance for FY2025
HMT Limited's FY2025 financial results show a stark contrast between standalone and consolidated performance. Standalone figures reveal a profit of Rs 1,610.00 lakhs from continuing operations, with total income at Rs 8,515.00 lakhs. However, consolidated results show a net loss of Rs 14,306.00 lakhs from continuing operations, with total income at Rs 20,471.00 lakhs. Q4 saw a consolidated net loss of Rs 358.00 million, with revenue down to Rs 398.00 million. The company's consolidated net worth stands at negative Rs 1,89,790.00 lakhs, indicating complete erosion of the HMT Group's net worth. Auditors have issued qualified opinions citing inventory valuation issues, non-compliance with credit loss models, and GST reconciliation problems. Despite challenges, management continues on a going concern basis, citing realisable asset values and government support.