Dear Sir/Madam, Please find attached outcome of the Board Meeting dated 15th May, 2026. Please take the same on record.
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Technojet Consultants Limited reported a significant decline in operational performance for FY 2025-26. Revenue from operations remained flat at Rs. 12.00 Lakhs, while total expenses increased to Rs. 12.99 Lakhs (vs Rs. 11.52 Lakhs in FY 2024-25), resulting in a net loss after tax of Rs. 10.87 Lakhs compared to a profit of Rs. 3.73 Lakhs in the previous year. Employee costs rose to Rs. 4.15 Lakhs from Rs. 2.80 Lakhs. However, the company recorded Rs. 178.52 Lakhs in other comprehensive income from sale of equity instruments, leading to total comprehensive income of Rs. 149.65 Lakhs. Cash position improved substantially to Rs. 202.95 Lakhs from Rs. 2.00 Lakhs, driven by investment sales. The Board recommended a dividend of Rs. 87 per share. Statutory auditors Manek & Associates issued an unmodified opinion. The company changed auditors from Kalyaniwalla & Mistry LLP to Manek & Associates this year.
Despite reporting a net loss, the substantial other comprehensive income from asset sales and strong cash position provide near-term support. However, negative operating cashflow of Rs. 23.59 Lakhs and declining core operations are concerns for long-term shareholders. The high dividend payout of Rs. 87 per share (870% of face value) appears sustainable given cash reserves.