Net profit of HLV rose 209.42% to Rs 9.53 crore in the quarter ended December 2023 as against Rs 3.08 crore during the previous quarter ended December 2022. Sales rose 21.72% to Rs 55.37 crore in the quarter ended December 2023 as against Rs 45.49 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales55.3745.49 22 OPM %19.6911.37 - PBDT13.186.88 92 PBT9.534.08 134 NP9.533.08 209 Powered by Capital Market - Live News

HLV will hold a meeting of the Board of Directors of the Company on 12 February 2024.Powered by Capital Market - Live News

The Board of HLV at its meeting held on 20 December 2023 has approved the sale of land owned by the company at Hyderabad and execution of �Agreement of SaleCum-Irrevocable General Power of Attorney� in favour of Kadiyala Subba Rao the Managing Partner and authorised representative of M/s. Sri Venkateswara Constructions buyer of Company`s land in Hyderabad on �as is where is basis� that is subject to taking over all the pending litigations and rival claims of diverse parties on Hyderabad Land for a total consideration of Rs. 84,42,05,254/-. This includes Rs.44,42,05,254/- paid by him towards the settlement of the claim of PBSAMB Projects Private Ltd. on the land with the intervention before the executing court i.e. City Civil Court, Hyderabad in discharge of Company`s liability towards PBSAMB Projects Private Ltd. under the Arbitral Award dated 8th September, 2019.Powered by Capital Market - Live News

Net profit of HLV reported to Rs 2.02 crore in the quarter ended September 2023 as against net loss of Rs 3.57 crore during the previous quarter ended September 2022. Sales rose 16.80% to Rs 41.37 crore in the quarter ended September 2023 as against Rs 35.42 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales41.3735.42 17 OPM %10.68-2.74 - PBDT5.59-0.83 LP PBT2.02-3.57 LP NP2.02-3.57 LP Powered by Capital Market - Live News

HLV will hold a meeting of the Board of Directors of the Company on 10 November 2023.Powered by Capital Market - Live News