Sree Rayalaseema Hi-Strength Hypo Limited has informed the Exchange regarding Appointment of K E Krishna as Non- Executive Independent Director of the company w.e.f. August 14, 2025.
SRHHYPOLTD · price
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Sree Rayalaseema Hi-Strength Hypo reported standalone revenue from operations of ₹18,025.54 lakhs for Q1 FY26 (ended June 30, 2025), up from ₹16,863.16 lakhs in Q1 FY25. Standalone profit after tax rose to ₹2,341.02 lakhs (vs ₹2,049.28 lakhs) with EPS of ₹13.64 versus ₹11.94 last year. The company also declared an exceptional item of ₹475.80 lakhs towards write-off of doubtful investments. The board appointed Sri K E Krishna as Non-Executive Independent Director for 5 years starting August 14, 2025, and inducted him into four board committees. The Annual General Meeting is set for September 25, 2025, with record date September 19, 2025 and dividend payment by October 24, 2025 (subject to shareholder approval). Additionally, the board decided to shut down the 10 MW Thermal Power Plant citing economic non-viability and will look to sell it.
Q1 results show healthy year-on-year growth in both revenue and profit, which is positive for shareholders, though the ₹475.80 lakh write-off of investments is a concern. The 10 MW thermal power plant shutdown signals exit from an unprofitable segment, potentially freeing up capital. Dividend declaration subject to AGM approval is a positive for income-seeking investors.