Newspaper Publication-Audited Financial Results of the Company for the Quarter and Year ended on 31st March, 2026.
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Patels Airtemp India Ltd has published its audited financial results for the quarter and full year ended 31st March 2026 in Financial Express (English and Gujarati editions) on 1st June 2026. For FY26, total income from operations fell sharply to Rs. 25,293.47 lakhs from Rs. 38,781.63 lakhs in FY25, a decline of roughly 35%. Net profit for the year dropped to Rs. 1,027.43 lakhs from Rs. 1,651.01 lakhs, while EPS fell to Rs. 18.78 from Rs. 30.18. Q4 FY26 also saw weakness, with net profit at Rs. 415.37 lakhs versus Rs. 449.33 lakhs in the year-ago quarter. The board has recommended a dividend of Rs. 3.00 per share (30%) on 54,70,240 equity shares, subject to shareholder approval. Statutory auditors M/s Parikh & Majmudar issued an audit report with an unmodified (clean) opinion.
The sharp ~35% drop in full-year revenue and ~38% fall in net profit are negative signals for shareholders and may weigh on the stock in the short term. The declared dividend of Rs. 3 per share provides some income support, but it is lower than what prior-year earnings would have implied, reflecting the weaker earnings base.