Hitech Corporation Limited has informed the Exchange about Copy of Newspaper Publication regarding financial results.
HITECHCORP · price
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Hitech Corporation Limited published its audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026 in Business Standard and Mumbai Lakshadeep on May 22, 2026. Consolidated total income for FY2026 was Rs. 64,040.21 lakhs, up from Rs. 56,142.61 lakhs in the prior year. Net profit after tax (consolidated) stood at Rs. 888.72 lakhs for Q4 and Rs. 1,518.86 lakhs for the full year. The Board recommended a dividend of Rs. 1 per share (10%) subject to shareholder approval. Exceptional items included a one-time charge of Rs. 104.06 lakhs for gratuity and Rs. 31.10 lakhs for compensated absences due to the new Labour Codes notified by the Government of India on November 21, 2025.
The company reported healthy year-on-year revenue growth and returned to profitability in Q4 after a loss in Q3. The dividend recommendation signals management confidence, though the one-time labour code charge slightly impacted full-year earnings.