On Monday, Indian equity indices edged up, supported by strong quarterly results from Grasim Industries and State Bank of India. However, the indices were struggling due to lingering concerns over potential U.S. tariffs on Indian exports. By 10:30 a.m. IST, the Nifty 50 was up 0.3% at 24,436.8, while the BSE Sensex had risen 0.31% to 80,108.2.
Meanwhile, HBL Engineering, a small-cap player in the Auto Components & Equipment industry, recently announced its financial results for the quarter ending June 2025.
HBL Engineering Limited reported strong financial performance for the quarter ended June 30, 2025 (Q1 FY26). Revenue from operations stood at ₹601.77 crore, up 15.70% year-on-year (YoY) from ₹520.11 crore in the same quarter last year and higher by 26.54% quarter-on-quarter (QoQ) from ₹475.58 crore in March 2025. Profit after tax came in at ₹141.23 crore, marking an 86% YoY rise from ₹75.85 crore and a 169.92% QoQ surge from ₹52.32 crore, indicating significant operational and margin improvements.
Segment-wise, Industrial Batteries contributed ₹337.38 crore in revenue, registering a modest 1.11% YoY growth. Defence & Aviation Batteries posted ₹73.65 crore, declining 20.09% from last year’s ₹92.16 crore. Electronics emerged as the standout performer, with revenue of ₹180.40 crore, more than doubling from ₹87.30 crore in Q1 FY25, translating to a 106.64% growth. Unallocated income rose 23.79% to ₹12.63 crore.
In terms of segment results (profits), Industrial Batteries earned ₹83.54 crore, up 14.85% YoY, while Defence & Aviation Batteries' profits fell 8.87% to ₹32.94 crore. Electronics profits saw a substantial jump to ₹89.14 crore from ₹10.52 crore last year, reflecting a 747.05% YoY surge. Unallocated expenses increased slightly, with a loss of ₹5.51 crore compared to a loss of ₹5.17 crore in the year-ago quarter.
However, the decline in the Defence & Aviation Batteries segment highlights a weaker area in the portfolio. The reappointment of Dr. A. J. Prasad as Managing Director and Chairman for another five years from October 1, 2025, reinforces leadership stability as the company advances its strategic priorities.
The company has set Friday, September 12, 2025, as the record date to receive the dividend, if approved at the upcoming annual general meeting.
On Monday, HBL Engineering share price jumped over 14% as the company announced its Q1FY26 results and expanded operational margins. As of 10:47 am IST, the stock price was trading at ₹682 per share, up by 13.75%.
Disclaimer: The article is for informational purposes only and not an investment advice.
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