Omax Autos Reports Q1 FY26 Results, Announces Rs 2.5 Final Dividend and Key Leadership Changes
Omax Autos reported an 18.30% increase in revenue from operations, reaching Rs 99.64 crore for Q1 FY26. The company announced a final dividend of Rs 2.5 per equity share for FY 2024-25, subject to shareholder approval. Several leadership changes were implemented, including new appointments for Company Secretary, CFO, and re-appointments of key directors. Auditor appointments were also made for cost and secretarial audits.
24Jul 25
Omax Autos Reports 18.3% Revenue Growth in Q1, Declares Rs 2.5 Final Dividend
Omax Autos Limited reported an 18.3% increase in Q1 revenue to Rs 99.64 crore. The company declared a final dividend of Rs 2.5 per share for FY 2024-25. Key management changes include the appointment of Kannu Sharma as Company Secretary and Sanjeev Kumar as CFO. Several board members were reappointed, including Jatender Kumar Mehta as Vice Chairman & Managing Director. The company also approved auditor appointments for cost and secretarial audits.
Omax Autos Limited reported a significant increase in Q1 revenue, with operations revenue rising 18.3% year-over-year to Rs 99.64 crore. Total income increased by 20.2% to Rs 110.42 crore, while profit after tax grew by 155.5% to Rs 7.41 crore. The company announced a final dividend of Rs 2.5 per equity share, subject to shareholder approval. Several key management changes were made, including new appointments for Company Secretary, CFO, and re-appointments of Vice Chairman & Managing Director and Whole Time Director. The company also appointed new Cost and Secretarial Auditors.
16Jun 25
Omaxe Commits ₹1000 Crore for New Township Project in Amritsar
Omaxe Autos has revealed plans to invest ₹1000 crore in a new township project in Amritsar, Punjab. This significant investment marks a strategic expansion of the company's presence in the region. While specific project details are not disclosed, the large-scale investment suggests a substantial development. The move is expected to create jobs, stimulate local economic activity, and potentially boost Omaxe's future revenue streams and market share in Punjab's real estate sector.