Josts Engineering accepts HR head resignation effective June 30, 2026

Josts Engineering Company accepted the resignation of Mrs. Vidya Sandesh Sakpal from the position of HOD-HR, IR & Admin, effective from the close of business hours on June 30, 2026. The resignation was submitted due to personal reasons and impacts a designated Senior Management Personnel as per Regulation 16(1)(d) of the SEBI Listing Regulations.

The disclosure was made to BSE Ltd pursuant to Regulation 30 read with sub-paragraphs 7C of Paragraph A, Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. The company's policy on the determination of materiality for the disclosure of events or information guided the reporting of this change.

Details of Resignation

The following table outlines the specific details regarding the cessation of the senior management personnel:

Sr. No	Particulars	Details
1.	Reason for change	Resignation of Mrs. Vidya Sandesh Sakpal, HOD- HR, IR & Admin, a Senior management personnel of the Company due to personal reasons.
2.	Date of Cessation	Cessation effective from the close of business hours on June 30, 2026.
3.	Brief Profile	Not Applicable
4.	Disclosure of relationships	Not Applicable

The resignation letter was addressed to Mr. Jai Prakash Agarwal, Chairman and Whole Time Director. Babita Kumari, Company Secretary, confirmed the acceptance of the resignation on behalf of Josts Engineering Company Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.95%	+0.73%	+1.79%	-10.89%	-45.53%	+182.87%

Josts Engineering Company reported its audited financial results for the quarter and financial year ended March 31, 2026. The board approved the standalone and consolidated results along with the recommendation of a dividend. The company also approved the development of a Real Estate / IT-ITES Business Park on its Thane land.

Financial Performance

For the financial year ended March 31, 2026, the company reported a consolidated net profit of ₹3,115 lakh, an increase from ₹1,754 lakh in the previous year. On a standalone basis, the net profit for the year stood at ₹3,042 lakh, compared to ₹1,608 lakh in FY25. The total consolidated income for the year rose to ₹34,855 lakh from ₹23,581 lakh in the prior year.

The exceptional items for the year included a gain on the sale of investment in a subsidiary and brand assignment income. The company also recognized an expense related to the implementation of the Labour Codes, which increased the provision for defined benefit obligations by ₹261 lakh.

Dividend Declaration

The Board of Directors recommended a final dividend of ₹1.25 per equity share (125%) and a special dividend of ₹3.75 per equity share (375%) for the financial year 2025-26. The total dividend payout is ₹5 per share on a face value of ₹1 each. These dividends are subject to the approval of shareholders at the ensuing Annual General Meeting and will be paid within 30 days from the date of the meeting.

Segment Results

The company operates primarily in the Material Handling and Engineered Products segments. For the year ended March 31, 2026, the Engineered Products segment reported a revenue of ₹13,451 lakh, while the Material Handling segment reported revenue of ₹9,934 lakh. The MHE Rentals segment contributed ₹1,279 lakh to the total revenue.

Key Financial Metrics

The following table summarizes the standalone financial results for the year ended March 31, 2026:

Particulars	Year ended March 31, 2026 (₹ in Lakhs)	Year ended March 31, 2025 (₹ in Lakhs)
Revenue from operations	20,047	21,733
Total Income	20,217	21,931
Total Expenses	19,738	19,711
Profit before tax	3,720	2,156
Net Profit	3,042	1,608
Basic EPS (₹)	27.33	15.59