Hardcastle & Waud Manufacturing Company Limited
Hardcastle & Waud Manufacturing Company Limited submitted its unaudited financial results for the quarter ended June 30, 2026, approved by the Board of Directors at a meeting held on August 5, 2026, which commenced at 2:30 p.m. and concluded at 3:10 p.m.
The submission includes a Limited Review Report from M/s Desai Saksena & Associates, the company's auditors (Firm Registration Number: 0102358W), signed by CA Alok K. Saksena (Partner, Membership Number: 035170) dated August 5, 2026.
Financial Performance (₹ in Lakhs)
Quarterly Results (Unaudited):
- Revenue from Operations: ₹240.91 (Q2 2026) vs ₹194.32 (Q2 2025) - 24% increase
- Other Income: ₹12.26 (Q2 2026) vs ₹11.50 (Q2 2025)
- Total Income: ₹253.17 (Q2 2026) vs ₹205.82 (Q2 2025)
Expense Breakdown (Q2 2026):
- Purchases of Stock-in-Trade: ₹55.47
- Employee Benefits Expenses: ₹14.17
- Depreciation and Amortisation Expenses: ₹19.99
- Legal and Professional Fees: ₹6.58
- Other Expenses: ₹24.13
- Total Expenses: ₹120.34
Profitability Metrics:
- Profit before tax: ₹132.83 (Q2 2026) vs ₹104.32 (Q2 2025)
- Tax Expense: ₹25.91 (Current Tax: ₹22.39, Deferred Tax: ₹3.52)
- Net Profit for the period: ₹106.92 (Q2 2026) vs ₹77.07 (Q2 2025) - 39% increase
Other Comprehensive Income:
- Total Other Comprehensive Income (net of tax): ₹5.71
- Total Comprehensive Income: ₹112.63
Capital Structure:
- Paid-up equity share capital (Face Value of ₹10 each): ₹67.95 lakhs (unchanged from previous periods)
Earnings Per Share:
- Basic EPS: ₹15.74 (Q2 2026) vs ₹11.34 (Q2 2025)
- Diluted EPS: ₹15.74 (Q2 2026) vs ₹11.34 (Q2 2025)
Comparative Data
The results also provide comparative figures for the year ended March 31, 2026 (audited):
- Revenue from Operations: ₹1,061.42
- Total Income: ₹1,110.76
- Net Profit for the year: ₹493.20
- Basic and Diluted EPS: ₹72.59