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Hemo Organic Limited

5 articles
Hemo Organic Limited's financial performance demonstrates a significant turnaround, with Q2 FY27 revenue surging to ₹142.90 lakhs compared to a negligible figure in the prior year, alongside a net profit of ₹0.53 lakh reversing a previous loss. However, the company faces scrutiny as auditors have issued a qualified opinion due to a lack of balance confirmations for trade receivables and payables. Adding to the complexity, promoters Dineshbhai and Sonalben Patel are divesting a substantial 16.38% stake in an off-market transaction, while a planned appointment of a Company Secretary has been withdrawn, potentially introducing uncertainty as the company navigates these transitions.