Annual Report: 2024
The Annual Report 2023-24 of Hindusthan Engineering & Industries Limited presents the company's performance for the financial year ending March 31, 2024.
Key Financial Results (Standalone):
Operational Performance:
Subsidiary & Consolidated Financials:
Directors & Governance:
Corporate Social Responsibility (CSR):
The company has a CSR policy focused on education. The CSR Policy is available on the Company's Website.
Amount spent on CSR Projects (both Ongoing Project and other than Ongoing Project) : Rs. 134 Lacs.
Average net profit of the Company as per section 135(5): Rs. 6699.30 Lacs
Two percent of average net profit of the company as per section 135(5): Rs. 133.98 Lacs.
Auditors:
Other Key Points:
Auditor's Report:
The independent auditor's report expresses a qualified opinion due to uncertainties regarding the accounting of reliefs/concessions, the recoverability of loans, and the valuation of the power project. The report outlines responsibilities of management and auditors, and includes reports on legal and regulatory requirements, including compliance with the Companies (Auditor's Report) Order, 2020. The audit report refers to compliance with Indian Accounting Standards and other matters required by the Companies Act, 2013.
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