Hariyana Ship Breakers Limited has announced the approval of its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The Board of Directors convened a meeting on August 12, 2026, to review and approve these financial statements. The results reflect the company’s financial performance during the specified quarter.
Hariyana Ship Breakers Approves Q1 FY27 Financial Results
The Board of Directors of Hariyana Ship Breakers Limited convened a meeting on Wednesday, August 12, 2026, to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter that concluded on June 30, 2026. The meeting commenced at 3:00 p.m. and concluded at 3:30 p.m.
Financial Performance Overview
The approved financial results provide a snapshot of the company’s performance during the first quarter of the fiscal year 2026-27. The accompanying documents detail the standalone and consolidated financial statements along with the limited review report, offering stakeholders insight into the company’s financial standing. Further details regarding revenue, expenses, and profitability for the period are available within the enclosed financial statements.
Segmental Performance
The segmental analysis, as presented in the unaudited results, highlights the company’s performance across its primary operating segments. The Mumbai segment continues to be the major contributor to revenue and profit. The Bhavnagar division reported minimal operational activity during the quarter, aligning with the management’s strategic evaluation of business opportunities. The consolidated results also encompass the performance of its subsidiary, Hariyana Air Products, and its share in associates.
Emphasis of Matter
A point of emphasis in the report relates to the company’s ongoing evaluation of business opportunities and its status as a going concern, particularly in light of non-operational activities at the Bhavnagar Division. The financial statements have been prepared assuming the company’s continuity, based on management’s expectations of recommencing business activities.
Source: BSE