Announced Fri, 24 Jul · 16:59 IST
Omax Autos Q1 profit jumps 48%, declares Rs 2.5 dividend, re-appoints directors
Management Changes View source PDF
OMAXAUTO · price
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Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹229.99
prior close
₹215.10
base price
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AI summary
Omax Autos posted Q1 FY27 revenue of about Rs 122 crore, up roughly 22% year on year. Net profit rose to Rs 10.6 crore from Rs 7.14 crore. Board recommended a final dividend of Rs 2.5 per share for FY25-26 with record date August 21, 2026. Re-appointed Tavinder Singh as whole-time director for one year and Nipun Khurana as independent director for a second five-year term. Cost auditors JSN and Co were also re-appointed for FY26-27.
Likely market impact
Strong revenue and profit growth in Q1 supports the dividend payout; board leadership continuity maintained with no red flags.