1. Approval of audited Financial Statement (Standalone and Consolidated) for the quarter and year ended March 31, 2026 and 2. Re-appointment of Mr. Rakesh Duda, Managing Director.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board approved audited standalone and consolidated financial results for FY ended March 31, 2026. Total income was ₹4,289.57 lakh (vs ₹4,214.61 lakh in FY25), with net profit after tax at ₹1,680.89 lakh, a 7% decline from ₹1,807.62 lakh in the prior year. EPS came in at ₹6.59 per share (vs ₹7.09). Revenue from operations declined slightly to ₹4,015.97 lakh from ₹4,061.69 lakh. Cash and cash equivalents nearly tripled from ₹484.50 lakh to ₹1,579 lakh. Auditors KKC & Associates issued an unmodified opinion. The Board also re-appointed Mr. Rakesh Duda (72, B.Tech from IIT BHU) as Managing Director for one year (May 16, 2026 to June 30, 2027), subject to shareholder approval, and appointed him as Key Managerial Personnel. An interim dividend of ₹2.5 per share was paid during the quarter.
Profit after tax declined 7% year-on-year, which may be viewed negatively by investors. However, the strong cash position and re-appointment of the Managing Director for continuity suggest financial stability. The stock may see neutral to slightly negative reaction given the earnings decline.