Announced Thu, 14 May · 14:35 IST

Newspaper Publication of Audited Financial Results of the Company for the Quarter and Year ended 31st March, 2026

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AI summary

High Energy Batteries India Ltd reported Total Income from Operations of Rs 8940.82 lakhs for FY2026, up 4.3% from Rs 8571.08 lakhs in FY2025. Net Profit after tax stood at Rs 1539.18 lakhs vs Rs 1532.99 lakhs, showing marginal growth. The company took an exceptional charge of Rs 12.486 lakhs due to a new government social security code requiring additional provisions for gratuity and leave benefits. Load Acid Battery Plant remained non-operational throughout the year citing unremunerative prices. The Board recommended a dividend of Rs 3 per equity share (face value Rs 2), amounting to Rs 268.92 lakhs.

Likely market impact

The company maintained stable profitability despite challenging battery market conditions. The non-operational Load Acid Battery plant and exceptional charges indicate ongoing restructuring pressures, though the dividend declaration signals management confidence.