HONDAPOWERNSEHonda India Power Products Limited· Electrical EquipmentHighNeutral
Announced Fri, 13 Feb · 11:39 IST

Honda India Power Products Limited has informed the Exchange about change in Management

Management Changes View source PDF

HONDAPOWER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Honda India Power Products' board approved unaudited results for Q3 FY26 showing revenue from operations of Rs. 27,040 lakhs, up about 32% from Rs. 20,418 lakhs in Q3 FY25. Nine-month revenue rose to Rs. 60,092 lakhs from Rs. 52,555 lakhs a year ago. Profit after tax for the quarter was Rs. 1,667 lakhs (vs Rs. 1,909 lakhs) and Rs. 3,732 lakhs for nine months (vs Rs. 4,378 lakhs), pulled down by a Rs. 1,184 lakh exceptional charge related to new Labour Codes. The board declared an interim dividend of Rs. 3.50 per share (35%) with record date February 19, 2026. Mr. Shigeki Iwama was reappointed as CMD, President and CEO for another one-year term from April 1, 2026.

Likely market impact

Steady revenue growth and a healthy interim dividend signal ongoing shareholder rewards, though lower profits due to the one-time Labour Code adjustment may draw short-term attention. The CEO reappointment provides leadership continuity for the next year.