Hitech Corporation Limited published its audited standalone and consolidated financial results for the quarter and year ended 31st March 2026 in Business Standard (English) and Mumbai Lakshadeep (Marathi) newspapers on 22nd May 2026. The announcement was made via a regulatory filing with the National Stock Exchange of India Limited on 25th May 2026. The results comply with SEBI regulations under Regulation 47(1)(b) of the SEBI (LODR) Regulations, 2015.
The company reported total income from operations of Rs 16,600.06 crore for the quarter ended March 2026 and Rs 64,040.21 crore for the full fiscal year. Net profit before tax stood at Rs 959.28 crore for the quarter and Rs 2,048.62 crore for the year. These figures reflect performance across business segments as disclosed in the published results.
Earnings per share (EPS) for the quarter were Rs 5.17, while the full year EPS reached Rs 8.84. The board of directors recommended a dividend of Re 1 per share at a 10% rate, pending shareholder approval at the upcoming annual general meeting. This dividend aligns with the company's commitment to shareholder returns as outlined in the financial results.
Exceptional items impacting the financials included a Rs 104.06 crore charge for Gratuity and Compensated absences under revised Labour Codes, a Rs 76.58 crore compensation for land acquisition under the Right to Fair Compensation Act, and a Rs 154.91 crore retrenchment compensation for Sarigam Unit closure. These adjustments were accounted for in accordance with Ind AS 19 - Employee Benefits.
The financial statements are available on the company's website and stock exchange platforms. Hitech Corporation Limited has not disclosed material changes in business operations beyond the financial data presented. The results reflect operational efficiency and growth as per audited reports filed with regulatory authorities.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.