CFO retires, Q3 shows standalone loss of Rs 3.27 crore
HITECHCORP · price
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Hitech Corporation's board approved Q3 FY26 audited results on Feb 10, 2026. Standalone revenue rose to Rs 131.54 crore from Rs 123 crore YoY, but it reported a loss of Rs 3.27 crore vs a profit of Rs 1.43 crore YoY, partly due to a Rs 2 crore charge from new Labour Codes. Nine-month profit stood at Rs 1.65 crore vs Rs 8.40 crore YoY. CFO Avan Chaina retires effective Feb 11, 2026 after her extended term; a successor is being identified. Whole-time Director Mehernosh Mehta was re-appointed for 1 year from March 17, 2026.
CFO departure and quarterly loss may weigh on sentiment, though 9M remains profitable and a successor search is already underway.