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Quarterly Result29 May 2026, 08:41 pm

Hi-Tech Gears Appoints Vijay Mathur as CFO; Recommends 40% Dividend

AI Summary

The Hi-Tech Gears Ltd. announced the appointment of Mr. Vijay Mathur as Chief Financial Officer, in addition to his role as Executive Director. The Board of Directors, in its meeting on May 29, 2026, approved the audited financial results for the quarter and year ended March 31, 2026. The board also recommended a final dividend of 40%, i.e., ₹4 per equity share of ₹10 each, subject to shareholder approval. Standalone revenue from operations for the year ended March 31, 2026, was ₹6,486.50 million, while consolidated revenue was ₹8,885.64 million.

Key Highlights

  • Vijay Mathur appointed as CFO in addition to Executive Director role.
  • Final dividend of 40% (₹4 per share) recommended for FY26.
  • Standalone revenue from operations for FY26 at ₹6,486.50 million.
  • Consolidated revenue from operations for FY26 at ₹8,885.64 million.
  • Board approved audited financial results for Q4 and FY26.