Sree Rayalaseema Hi-Strength Hypo Limited has informed the Exchange regarding Outcome of Board Meeting held on August 14, 2025.- To shut down 10 MW thermal power plant
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The board approved standalone and consolidated unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations rose to Rs. 18,025.54 lakhs, up from Rs. 16,863.16 lakhs in the same quarter last year (about 6.9% YoY growth). Profit after tax (standalone) grew to Rs. 2,341.02 lakhs from Rs. 2,049.28 lakhs, a rise of roughly 14%. An exceptional item of Rs. 475.80 lakhs was booked for doubtful and unrecoverable investments written off. Earnings per share came in at Rs. 13.64 (standalone). The board fixed the AGM on September 25, 2025, set the record date as September 19, 2025, and announced dividend payment on or before October 24, 2025, subject to shareholder approval. A new Non-Executive Independent Director, Sri Kamma Edlapalli Krishna, was appointed for five years. The board also decided to shut down the 10 MW thermal power plant due to economic viability and dispose it off to a suitable buyer.
Results show steady operational performance with margin expansion, though the asset shutdown and investment write-off signal pruning of underperforming assets. Shareholders may expect a dividend in October pending AGM approval, while the plant shutdown could marginally reduce future revenue from the small power segment.