HP Adhesives reports strong first half 2025 results despite profit dip

HP Adhesives Limited reported unaudited consolidated financial results for the half-year ended September 30, 2025. Total income for the half-year reached INR 13,310.27 Lakhs, an increase from INR 12,112.26 Lakhs in the previous year. Profit after Tax (PAT) for the half-year stood at INR 772.75 Lakhs, compared to INR 978.18 Lakhs in the prior half-year, with the PAT for the quarter ended September 30, 2025, being INR 353.37 Lakhs.

The company's total assets for the consolidated entity were INR 23,204.41 Lakhs as of September 30, 2025. Consolidated earnings per equity share (basic) for the half-year was INR 0.84, with a basic EPS of INR 0.38 for the quarter ended September 30, 2025.

HP Adhesives also detailed the utilization of IPO proceeds, with INR 9,591.09 Lakhs utilized out of INR 9,669.12 Lakhs as of September 30, 2025, leaving an unutilized balance of INR 78.03 Lakhs. An exceptional item of INR 32.34 Lakhs was reported for the period, related to a GST audit and associated payments.