Appointment of Chief Financial Officer (CFO)
HGINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
H.G. Infra Engineering Ltd has approved audited financial results for FY2026 ending March 31, 2026. Revenue from operations declined to Rs. 56,667 million from Rs. 60,519 million in FY2025, while Profit After Tax fell to Rs. 3,891 million from Rs. 5,771 million, representing a 32.6% decline. Operating margin compressed to 12.94% from 15.71%, and net profit margin declined to 6.87% from 9.54%. The company has appointed Mr. Vikas Jain as CFO effective July 13, 2026, with Mr. Rajeev Mishra moving to Head Investor Relations. A final dividend of Rs. 2 per share (20%) has been recommended. Exceptional items of Rs. 711 million include gains from subsidiary divestments. The auditors issued an unmodified opinion but drew attention to ongoing CBI/ACB search proceedings in Patna.
The stock may face pressure due to significant revenue and profit decline, margin compression, and CBI investigation concerns, despite positive operating cash flows and shareholder returns via dividend.