Financial Results for Quarter Ended June 30, 2026
Standalone Financial Results (₹ in lakhs):
- Revenue from operations: ₹3,906.61
- Other income: ₹106.99
- Total revenue: ₹4,013.60
- Profit before tax: ₹1,017.19
- Tax expense: ₹271.00 (Current tax: ₹256.00, Deferred tax: ₹15.00)
- Profit after tax: ₹746.19
- Earnings per share (basic and diluted): ₹16.58
- Weighted average number of equity shares: 45.00 lakh
Consolidated Financial Results (₹ in lakhs):
- Revenue from operations: ₹4,347.52
- Other income: ₹112.19
- Total revenue: ₹4,459.71
- Profit before tax: ₹1,050.66
- Tax expense: ₹282.87 (Current tax: ₹261.51, Deferred tax: ₹21.36)
- Profit after tax: ₹767.79
- Earnings per share (basic and diluted): ₹17.06
- Weighted average number of equity shares: 45.00 lakh
Board Approvals and Decisions
Director Appointments:
- Re-appointment of Dr. Suresh Akella (DIN: 06931014) as Non-Executive Independent Director for second consecutive term of five years from September 30, 2026 to September 29, 2031, subject to shareholder approval via special resolution.
- Recommended re-appointment of Mr. V. G. Srinivas (DIN: 00181826) who retires by rotation and offered himself for re-appointment.
Auditor Appointments:
- Re-appointment of M/s. SRK & Co., Cost Accountants as Cost Auditors for FY 2026-27, subject to remuneration ratification by shareholders.
Annual General Meeting:
- 52nd Annual General Meeting scheduled for Saturday, August 29, 2026 at 11:00 AM at Registered Office: A-18 & A-19, APIE, Balanagar, Hyderabad - 500037
- Register of Members and Share Transfer Books to be closed from August 23, 2026 to August 29, 2026 (both days inclusive)
- Record date fixed as August 22, 2026 for determining eligibility for remote e-voting, voting at AGM, and dividend payment (subject to shareholder approval)
- M/s. Chakravarthy & Associates appointed as Scrutinizer for remote e-voting process
Memorandum and Articles of Association:
- Approved adoption of new MOA and AOA conforming to Companies Act 2013, replacing existing documents, subject to shareholder approval
- Approved alteration of Clause III(A) (Main Objects) of MOA by inserting new Sub-Clause 5 to broaden main objects in line with present and future business requirements
Additional Information
- Company operates in single business segment: Hydraulic Products as per IND AS 108
- Previous period figures have been reclassified where necessary
- Figures for quarter ended March 31, 2026 are balancing figures between audited full year and published unaudited year-to-date figures