HMT Limited Reports Audited Standalone & Consolidated Results for FY26 Ended March 31
HMT Limited announced audited standalone and consolidated results for the year ended March 31, 2026. Standalone revenue was ₹25.96 crore and profit before tax was ₹18.38 crore. Consolidated revenue was ₹142.65 crore, with a loss before tax of ₹128.95 crore. The auditors issued a modified opinion.
The results show a significant consolidated loss and a modified audit opinion, which could impact investor confidence and the company's financial standing. However, the company continues to operate on a going concern basis.
The company reported a consolidated loss for the year and the quarter, and the auditors have issued a modified opinion, indicating potential issues with financial reporting.
HMT Limited has announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved these results at a meeting held today, commencing at 15:00 and concluding at 16:30.
The standalone financial statements reveal a revenue from operations of ₹8.02 crore for the quarter ended March 31, 2026, and ₹25.96 crore for the full financial year. For the same periods, the total income stood at ₹20.61 crore and ₹83.87 crore, respectively. The company reported a loss before tax of ₹1.67 crore for the quarter and a profit before tax of ₹18.38 crore for the financial year. The net loss after tax for the quarter was ₹6.7 crore, while the net profit after tax for the financial year was ₹16.69 crore.
On a consolidated basis, HMT Limited reported revenue from operations of ₹71.44 crore for the quarter and ₹142.65 crore for the financial year ended March 31, 2026. The total income for these periods was ₹85.76 crore and ₹201.10 crore, respectively. The company incurred a consolidated loss before tax of ₹34.86 crore for the quarter and ₹128.95 crore for the financial year. The consolidated net loss after tax for the quarter was ₹37.45 crore, and for the financial year, it was ₹131.54 crore.
The company's financial statements have been prepared in accordance with Indian Accounting Standards (Ind AS). It is noted that due to a lack of quorum, the Board Level Audit Committee meeting could not be held, and the results were directly placed before the Board of Directors. The statutory auditors have issued a modified opinion on the results, highlighting several qualifications related to inventory valuation, GST reconciliation, physical verification of assets, and the absence of external confirmations for receivables and payables.
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HMT Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by HMT Limited. Read the original for the full detail.