Quarterly Result12 May 2026, 02:31 pm
Hindoostan Mills: FY26 Net Loss ₹354.03 Lakhs
AI Summary
Hindoostan Mills Ltd. announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a net loss of ₹354.03 lakhs for the period. The Board of Directors approved the results in a meeting held on May 12, 2026. The results reflect continuing and discontinued operations, with a significant loss from discontinued textile operations impacting the overall performance. Other income includes fair value gains/losses on mutual fund investments.
Key Highlights
- Hindoostan Mills reports a net loss of ₹354.03 lakhs for FY26.
- Loss from discontinued textile operations significantly impacted overall results.
- Board approved audited financial results on May 12, 2026.
- FY26 revenue from operations stood at ₹1,449.26 lakhs.
- Company recognized a provision of ₹5.37 lakhs related to new Labour Codes.
Price Impact
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