Hitech Corporation Limited has informed the Exchange regarding outcome of Board meeting held on August 08, 2025.
HITECHCORP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board approved audited standalone and unaudited consolidated financial results for Q1 FY26. Standalone revenue from operations rose about 7% year-on-year to ₹15,282 lakhs, but standalone profit after tax fell roughly 16% to ₹340 lakhs as margins came under pressure (notably depreciation and finance costs climbed faster than revenue). On a consolidated basis, including subsidiaries Hitech Global Inc and Thriam Polymers, revenue grew about 15.6% to ₹16,490 lakhs and PAT grew around 22% to ₹475 lakhs, giving EPS of ₹2.76. No exceptional items were booked in the current quarter, though the notes flag prior quarter costs related to the closure of the Sarigam Unit in May 2025 and a past land compensation gain. Auditor Kalyaniwalla & Mistry LLP issued an unmodified opinion on standalone results and an unmodified limited review on consolidated results.
Mixed bag for shareholders: consolidated headline earnings growth looks healthy, but standalone profitability and margins have slipped, likely reflecting the drag from the recently closed Sarigam Unit and higher finance/depreciation costs. Watch for further clarity on whether the Sarigam closure will yield cost savings in coming quarters.