HLV Limited has released its audited financial results for the quarter and financial year ended March 31, 2026. The company reported a net profit of ₹860 lakhs for the fourth quarter, with annual net profit reaching ₹208 lakhs. Additionally, the company announced the appointment of M/s. Murali & Venkat as internal auditors for the 2026-27 financial year to strengthen its operational oversight.
Financial Performance Highlights
For the quarter ended March 31, 2026, HLV Limited achieved a total income of ₹6,766 lakhs, resulting in a net profit of ₹860 lakhs. On an annual basis, the company concluded the financial year with a total income of ₹21,427 lakhs and a net profit of ₹208 lakhs. Basic and diluted earnings per share (EPS) stood at ₹0.13 for the quarter and ₹0.03 for the full year.
Operational Appointments
In a strategic move to bolster internal controls, the Board of Directors has appointed M/s. Murali & Venkat, Chartered Accountants, as the internal auditor for the company for the 2026-27 financial year. This decision follows a recommendation from the Audit Committee, ensuring continued focus on financial compliance and reporting accuracy.
Strategic Outlook and Disputes
The company maintains its operations on a ‘going concern’ basis, driven by the management’s confidence in achieving favorable outcomes regarding ongoing lease and royalty disputes with the Airports Authority of India (AAI). These include long-standing contentions over land lease rent and minimum guarantee fees for the Mumbai property. While these liabilities remain contingent in nature, the management continues to actively engage in the legal and settlement processes to resolve these issues and secure the renewal of its land leases.
Source: BSE
