Hitech Corporation Limited

Financial Results - Standalone (Quarter Ended September 30, 2026)

  • Revenue from Operations: ₹1,958.078 lakhs
  • Other Income: ₹7.073 lakhs
  • Total Income: ₹1,965.151 lakhs
  • Profit Before Tax: ₹486.97 lakhs
  • Tax Expense: ₹76.94 lakhs (Current Tax: ₹103.27 lakhs, Deferred Tax: ₹28.52 lakhs, Prior Year Adjustments: ₹(54.85) lakhs)
  • Net Profit: ₹410.03 lakhs
  • Basic EPS: ₹2.39
  • Diluted EPS: ₹2.39

Financial Results - Standalone (Half Year Ended September 30, 2026)

  • Revenue from Operations: ₹4,066.442 lakhs
  • Other Income: ₹18.519 lakhs
  • Total Income: ₹4,084.961 lakhs
  • Profit Before Tax: ₹1,286.95 lakhs
  • Tax Expense: ₹258.79 lakhs (Current Tax: ₹359.05 lakhs, Deferred Tax: ₹(22.59) lakhs, Prior Year Adjustments: ₹(77.67) lakhs)
  • Net Profit: ₹1,028.16 lakhs
  • Basic EPS: ₹5.99
  • Diluted EPS: ₹5.99

Financial Results - Consolidated (Quarter Ended September 30, 2026)

  • Revenue from Operations: ₹2,115.430 lakhs
  • Other Income: ₹10.533 lakhs
  • Total Income: ₹2,125.963 lakhs
  • Profit Before Tax: ₹868.86 lakhs
  • Tax Expense: ₹180.95 lakhs (Current Tax: ₹207.87 lakhs, Deferred Tax: ₹27.93 lakhs, Prior Year Adjustments: ₹(54.85) lakhs)
  • Net Profit: ₹687.91 lakhs
  • Basic EPS: ₹4.01

Financial Results - Consolidated (Half Year Ended September 30, 2026)

  • Revenue from Operations: ₹4,372.116 lakhs
  • Other Income: ₹23.843 lakhs
  • Total Income: ₹4,395.959 lakhs
  • Profit Before Tax: ₹1,796.80 lakhs
  • Tax Expense: ₹398.01 lakhs (Current Tax: ₹520.85 lakhs, Deferred Tax: ₹(45.17) lakhs, Prior Year Adjustments: ₹(77.67) lakhs)
  • Net Profit: ₹1,398.79 lakhs
  • Basic EPS: ₹8.14

Management Changes

Resignation:

  • Mr. Prashant Adhatrao resigned as Data Protection Officer and Senior Management Personnel
  • Effective cessation: November 30, 2026 (close of business hours)
  • Reason: To pursue career opportunity outside the company

Appointment:

  • Mr. Siddhesh Natekar appointed as Data Protection Officer and Senior Management Personnel
  • Effective from: December 1, 2026
  • Profile: IT Infrastructure & Operations professional with 15 years experience in enterprise IT infrastructure, Data Center Operations, Cloud Computing, AWS, cybersecurity, and IT Service Management
  • Previous experience: 8 years with Manipal Group as Principal Engineer - Data Center and Cloud Operations, started career with Allied Digital Services Pvt. Ltd.
  • Qualifications: MBA in Information Systems from Sikkim Manipal University, certified in AWS, Microsoft Azure, Google Cloud (G Suite), and CCNA training

Delisting Update

  • Voluntary delisting offer received from Geetanjali Trading and Investments Private Limited (GTIPL), a promoter group member
  • Shareholder approval obtained on July 10, 2026
  • In-principle approvals received from NSE and BSE
  • GTIPL acquired 3,009,593 shares from public shareholders at exit price of ₹426 per share on October 23, 2026
  • Final delisting application made to NSE and BSE on October 28, 2026
  • Final approvals awaited

Board Meeting Details

  • Meeting date: November 13, 2026
  • Commencement: 3:15 PM
  • Conclusion: 6:00 PM
  • Results to be published in newspapers as per Regulation 47

Segment Information

  • Company operates in single reportable segment: Plastic Products
  • No separate segment information provided

Exceptional Items

  • For year ended March 31, 2026: ₹(135.15) lakhs representing effect of change in Labour Codes and recognition of charge from actuarial valuation of past service costs (Gratuity: ₹104.06 lakhs, Compensated absences: ₹31.10 lakhs)