Hitech Corporation Limited has informed the Exchange about Copy of Newspaper Publication
HITECHCORP · price
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Awaiting price reaction for this filing.
Hitech Corporation has submitted copies of newspaper publications containing its Q3 FY26 (quarter ended 31 December 2025) financial results, as required under SEBI listing rules. The results were published in Business Standard (English) and Mumbai Lakshadeep (Marathi) on 12 February 2026 and were approved by the Board on 10 February 2026. On a consolidated basis, quarterly revenue grew to Rs 14,511.54 lakhs from Rs 12,300.05 lakhs a year ago, but the company slipped into a net loss of Rs 261.70 lakhs (vs a profit of Rs 125.84 lakhs in Q3 FY25), with EPS turning negative at -Rs 1.52. For the nine months ended December 2025, net profit fell to Rs 630.14 lakhs from Rs 792.49 lakhs. The filing also flagged a fire incident at the Mahad plant on 21 November 2025, leading to an inventory loss of Rs 38.45 lakhs, and a legal claim of Rs 76.58 lakhs from a discontinued overseas operation.
Revenue is growing, but profitability took a hit in Q3 — quarterly results swung to a loss mainly due to the Mahad plant fire and one-time charges, which may keep the stock under short-term pressure despite the year-to-date revenue growth.