High Energy Batteries India Ltd Announces Quarterly Results and Reconstitutes Audit Committee

<h1>High Energy Batteries India Ltd Announces Quarterly Results and Reconstitutes Audit Committee</h1>

High Energy Batteries India Limited has released its unaudited financial results for the quarter ended June 30, 2026. The company also approved and reconstituted its Audit Committee, effective July 25, 2026, while voluntarily adopting a new Dividend Distribution Policy.

The Board of Directors reviewed the results, which were subsequently approved by the management and signed by the Managing Director on Saturday, July 25, 2026.

Financial Performance Highlights​

The company's financial performance metrics for the quarter ending June 30, 2026, are detailed across several periods. Key profitability indicators include Total Income from Operations, which stood at 808.87 lakh rupees for the recent quarter, compared to 3008.59 lakh in the previous quarter (ended March 31, 2026), and 1418.21 lakh for the quarter ending June 30, 2025. The consolidated Total Income for the year ended March 31, 2026, was 8940.82 lakh rupees.

The net profit/loss after tax for the period ended June 30, 2026, was (181.50) lakh rupees, while this figure stood at 759.11 lakh in the previous quarter and 78.36 lakh in the corresponding quarter of the preceding fiscal year. The Total Comprehensive Income for the period ended June 30, 2026, was (196.01) lakh rupees.

A summary of the key financial data across periods is presented below:

Segment Performance Analysis​

The company operates through specific segments, primarily focusing on Aerospace Naval and Power System Batteries for the current period, with the Lead Acid Storage Battery division operations remaining suspended.

Segment results provide insight into operational performance across key areas:

Governance and Corporate Policies​

The Board of Directors approved the reconstitution of the Audit Committee, which is effective as of July 25, 2026. The reconstituted committee includes Dr. R Subrahmaniya Sivam as Chairman of the Committee, along with Cmde. Saroj Kumar Patel (Retd.), Dr. Vijayamohanan K Pillai, Mrs. Jayashree Ajit Shankar, and Mr. C V Ramana as members.

Additionally, the company has adopted a Dividend Distribution Policy through the Board Meeting, which is effective from July 25, 2026. The details of this approved policy have been made available on the company website.

Stock Price Movement​

High Energy Batteries India Ltd settled at ₹612.05 on Friday, edging higher after gaining 1.58%. The shares ranged during the session, touching a high of ₹627.80 and finding a low point at ₹588.10.