HBL Engineering Releases Quarterly Financial Results for June 30, 2026; Confirms No Deviation in Proceeds Utilization
HBL Engineering Limited has announced the unaudited financial results for the quarter ending June 30, 2026. The results cover both standalone and consolidated performance, along with updates regarding segment-wise revenue and corporate activities.The Board of Directors approved the results, noting that the auditor's report on the unaudited standalone financial results was unmodified. Furthermore, the company confirmed there were no deviations in the utilization of issue proceeds during the reporting quarter, as it did not raise any funds through Shares during that period.
Financial Performance Highlights (Standalone)
The unaudited standalone financial statements reflect strong income generation for HBL Engineering Limited. For the quarter ended June 30, 2026, total income stood at 639.83 crore, against a reported expenditure of 497.51 crore. This resulted in a Net Profit after Tax of 105.47 crore for the period.The standalone financial performance across key periods is summarized below:
| Particulars | Quarter ending 30-Jun-26 [Unaudited] | Quarter ending 31-Mar-26 [Unaudited] | Quarter ending 30-Jun-25 [Unaudited] | Year ended 31-Mar-26 [Audited] |
|---|---|---|---|---|
| Sales/Income from operations | 619.54 | 597.31 | 587.68 | 3,251.80 |
| Total Income | 639.83 | 609.59 | 607.33 | 3,310.19 |
| Total Expenses | 497.51 | 538.17 | 416.09 | 2,211.38 |
| Net Profit/(Loss) for the period | 105.47 | 57.17 | 139.73 | 796.79 |
Segment and Consolidated Results
The company's operations are structured across several reportable segments, including Industrial Batteries, Defence & Aviation Batteries, and Electronics. The segment-wise data indicates that the Total Profit Before Tax after Extraordinary items for the quarter ending June 30, 2026, was 149.45 crore, significantly contributing to a total profit before tax of 1,075.41 crore for the year ended March 31, 2026.The segment data and corresponding assets are presented below:
| Segment | Q ending 30-Jun-26 (Revenue) | Q ending 31-Mar-26 (Revenue) | Q ending 30-Jun-25 (Revenue) | Year ended 31-Mar-26 (Revenue) |
|---|---|---|---|---|
| Industrial Batteries | 344.61 | 340.14 | 325.89 | 1,375.57 |
| Defence & Aviation Batteries | 37.93 | 69.05 | 73.65 | 211.58 |
| Electronics | 227.31 | 178.93 | 180.40 | 1,626.25 |
| Total Sales/Income from Operations | 619.54 | 597.31 | 587.68 | 3,251.80 |
Group and Corporate Updates
The consolidated results reflect the operations of HBL Engineering Limited, its subsidiaries (including HBL America Inc., HBL Germany GmbH, and TTL Electric Fuel Private Limited), and its associates (Naval Systems & Technologies Private Limited, Tonbo Imaging India Limited, and Xalten Systems Private Limited).For the quarter ending June 30, 2026, the consolidated financial statements showed a Net Profit for the period of 109.14 crore, with Total Comprehensive Income standing at 109.39 crore.
Key operational updates from the reporting period include:
- The company and Cochin Shipyard Limited incorporated Green Maritime Propulsion Private Limited on June 11, 2026, with HBL holding a 60% share. The venture has not been considered for consolidation as subscription was not completed during the reporting period.
- Operational activities of some companies, including SCIL Infracon Private Limited (SCIL), HBL Tonbo Private Limited (HTPL), and Torquedrive Technologies Private Limited (TTL), are noted separately, with no operations currently held in these entities, as they were not considered for consolidation.
The consolidated financial summary is as follows:
| Particulars | Quarter ending 30-Jun-26 [Unaudited] | Quarter ending 31-Mar-26 [Unaudited] | Quarter ending 30-Jun-25 [Unaudited] | Year ended 31-Mar-26 [Audited] |
|---|---|---|---|---|
| Total Income | 658.59 | 617.15 | 621.41 | 3,361.82 |
| Total Expenses | 509.13 | 546.38 | 427.79 | 2,255.16 |
| Net Profit/(Loss) after Tax | 110.91 | 55.18 | 141.84 | 802.43 |
| Total Comprehensive Income | 109.39 | 64.23 | 143.20 | 814.19 |
The company confirmed that there was no deviation or variation in the use of funds raised through Shares for the quarter ended June 30, 2026, as it had not undertaken any such fund raising during this period.
HBLENGINE Stock Price Movement
HBL Engineering Limited shares slipped on Friday, settling at ₹727.1 after shedding 2.17% of their value for the session. The stock saw strong trading activity, recording a volume of 548,362 shares throughout the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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