The Board of Directors of the Company at their meeting held today i.e. 15th May, 2026 have fixed the date of 44th Annual General Meeting to be held on 19th June, 2026.
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Technojet Consultants reported a net loss of ₹10.87 lakhs for FY 2025-26, compared to a profit of ₹3.73 lakhs in the previous year. Revenue from operations remained flat at ₹12 lakhs, but total income dropped sharply to ₹3.14 lakhs from ₹15.25 lakhs due to lower other income. The company swung to an operating cash outflow of ₹23.59 lakhs from negative ₹13.12 lakhs. However, Total Comprehensive Income jumped to ₹149.65 lakhs due to a one-time gain of ₹178.52 lakhs from sale of equity instruments (OCI). The board recommended a high dividend of ₹87 per share. The statutory auditor was changed from Kalyaniwalla & Mistry LLP to Manek & Associates, who issued an unmodified opinion on the audited results.
The sharp swing to net loss and negative operating cash flow are serious concerns despite the one-time equity sale boost. The unusually high ₹87 per share dividend against operating losses raises questions about sustainability. Shareholders should scrutinize the AGM for clarity on the company's turnaround plans.