Hindoostan Mills Ltd Reports Q3, YTD Results for FY2025-26; Plans Sale of Textile Unit

Hindoostan Mills Ltd has reported its unaudited financial results for the quarter and nine months ended 31-12-2025. The company is planning to sell its entire textile division/unit situated at Karad, Maharashtra, for a floor price of Rs. 15 crores. The net block value of the unit is Rs. 5.65 crores. The sale is subject to the approval of shareholders and the postal ballot notice. The company's total income for the quarter ended 31-12-2025 stands at Rs. 1,298.18 lakhs, with a net loss of Rs. 307.09 lakhs. The company has other continued operations and has recognized likely adverse impact on assets and liabilities of the discontinued textile division. There are pending labour cases pertaining to the discontinued division, the outcome of which is presently unascertainable.