Top Searches
Advertisement

HMA Agro Industries Secures ₹1 Billion Credit Facility from PNB Amid Strong Q4 Performance


Updated: May 29, 2025 13:06

Image Source: Inshorts
HMA Agro Industries Ltd has reported ₹15 billion in consolidated revenue for the March quarter, alongside a net profit of ₹132.2 million. In a strategic move to bolster its financial position, the company has also announced plans to avail Export Packing Credit (EPC) facilities from Punjab National Bank (PNB), increasing its credit exposure by ₹1 billion.
 
Key Highlights
  • Revenue Growth: HMA Agro Industries posted ₹15 billion in revenue, reflecting steady growth in its food and agribusiness segment.
  • Profit Margins: The company recorded a net profit of ₹132.2 million, showcasing resilience despite market fluctuations.
  • PNB Credit Facility: HMA Agro will secure ₹1 billion under EPC facilities, supporting its export operations and liquidity management.
  • Board Meeting & Governance: The company’s Board of Directors convened on May 29, 2025, to discuss financial approvals and governance matters.
  • Subsidiary Expansion: HMA Agro increased its stake in HMA Natural Foods Pvt Ltd to 95.66%, strengthening its capital base.
  • Market Position: The company remains a leading exporter of frozen buffalo meat, contributing over 10% of India’s total exports in the segment.
  • Future Growth Plans: HMA Agro is constructing a fifth processing plant in Haryana, aimed at scaling operations and boosting exports.
Source: GoodReturns, Economic Times, ICICI Direct:

Advertisement

STORIES YOU MAY LIKE

Advertisement

Advertisement