Hitech Corporation has scheduled its 35th Annual General Meeting for September 24, 2026. The meeting will be conducted through video conferencing or other audio-visual means as per regulatory guidelines.

The Board of Directors recommended a final dividend of Re 1.00 per equity share of face value ₹10 each for the financial year ended March 31, 2026. This recommendation was approved during the board meeting held on May 20, 2026.

Key Dates and Voting Details

The company has fixed specific dates for dividend entitlement and voting eligibility:

• Record Date: September 4, 2026, for determining dividend entitlement.
• Cut-off Date: September 17, 2026, for determining voting eligibility.
• E-voting Period: Commences on September 21, 2026, at 9:00 am and ends on September 23, 2026, at 5:00 pm.

The final dividend will be paid on or after September 24, 2026, if declared by shareholders at the AGM. The intimation was issued on August 31, 2026, by Hetali Harish Mehta, Company Secretary and Compliance Officer.

Annual Report Access and KYC Updates

In compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Hitech Corporation has issued letters to members who have not registered their email addresses. These communications provide a web-link to access the Annual Report for FY25-26.

The complete details of the Annual Report are available on the company’s website under the path: Investors > Financial Results > 2025-26 > 2025-26 Annual Report.

The company also reminded shareholders holding physical securities to update their KYC details pursuant to SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024. This includes recording PAN, address, mobile number, bank account details, specimen signature, and nomination choice. Security holders with physical folios missing these details will only be eligible for payments via electronic mode from April 1, 2024.

Hitech Corporation reported a standalone net profit of ₹6.18 crore for the quarter ended June 30, 2026, a decline of approximately 20% compared to ₹7.74 crore in the corresponding period of FY25. Consolidated revenue grew robustly by 37% year-on-year to ₹225.7 crore, up from ₹164.9 crore in Q1FY25.

The company’s consolidated net profit before tax stood at ₹9.28 crore, resulting in a post-tax profit of ₹7.11 crore, compared to ₹4.75 crore in the prior year period. Standalone total income from operations reached ₹210.8 crore, reflecting strong top-line momentum despite the compression in bottom-line growth.

Financial Performance

The financial results highlight divergent trends between revenue generation and profitability metrics. While operational income expanded significantly, net profit margins contracted slightly as costs adjusted to scale.

Earnings per share (basic) on a consolidated basis were ₹4.14, up from ₹3.09 in the previous year. On a standalone basis, basic EPS was ₹3.60, compared to ₹1.98 in Q1FY25.

What the Numbers Show

A notable divergence exists between the company’s top-line expansion and its profit growth trajectory. While consolidated revenue surged by nearly 37%, consolidated net profit after tax grew by approximately 50% year-on-year (from ₹4.75 crore to ₹7.11 crore). However, on a standalone basis, net profit after tax more than doubled from ₹3.40 crore to ₹6.18 crore. This suggests that the group’s subsidiaries or associates may have contributed disproportionately less to the absolute profit increase relative to their revenue contribution, or that specific cost structures at the holding level absorbed some of the operational gains. The absence of exceptional items in the current quarter, unlike the ₹6.47 lakh credit recorded in Q4FY26, indicates that the current profit figures reflect core operational performance without one-time adjustments.

Corporate Developments

Hitech Corporation is advancing plans for the voluntary delisting of its equity shares from the National Stock Exchange and BSE. Shareholders approved the move via postal ballot on July 10, 2026. The company stated it is in the process of obtaining necessary approvals under the SEBI (Delisting of Equity Shares) Regulations, 2021.

The audited standalone and consolidated financial results were published on August 18, 2026, in Business Standard and Mumbai Lakshadeep, pursuant to Regulation 47(1)(b) of the SEBI (LODR) Regulations, 2015.