Patels Airtemp Announces ₹3 Dividend Per Share, Outlines TDS Rules
Patels Airtemp (India) Limited has declared a dividend of ₹3 per equity share for FY 2025, subject to shareholder approval. The record date is set for September 19, 2025, with payment within 30 days of the AGM on September 27, 2025. The company has detailed TDS rules for various shareholder categories, including resident and non-resident investors. Resident shareholders may face 10-20% TDS based on PAN validity and other factors, while non-residents are subject to 20% TDS plus surcharge and cess, with DTAA benefits available. Shareholders must submit necessary documents by September 19, 2025, for tax exemptions or lower deductions.
04Aug 25
Patels Airtemp Reports 27% Revenue Decline and 45% Drop in Net Profit for Q1 FY2026
Patels Airtemp (India) Limited experienced a significant downturn in its Q1 FY2026 financial performance. Total income decreased by 27.25% to 8,256.67 lakhs, while net profit fell by 44.64% to 280.19 lakhs compared to Q1 FY2025. The company's EPS dropped from 9.25 to 5.12, and profit before tax declined by 39.69% to 409.64 lakhs. These results, approved by the Board of Directors on August 2, 2025, reflect challenging market conditions for the heat transfer equipment specialist.
02Aug 25
Patels Airtemp Sets Record Date for Rs 3 Dividend, Reports Q1 Results
Patels Airtemp has declared a dividend of Rs 3 per equity share for FY 2024-25, subject to shareholder approval. The record date is set for September 19, 2025. The company's Q1 FY2026 results show a decline in performance, with total revenue from operations decreasing by 27.25% to Rs 8,256.67 lakhs and net profit falling by 44.64% to Rs 280.19 lakhs compared to Q1 FY2025. The 33rd Annual General Meeting is scheduled for September 27, 2025, via video conferencing.
02Aug 25
Patels Airtemp Reports Q1 Net Profit Decline, Announces Dividend and AGM Date
Patels Airtemp (India) Limited reported a 29.27% increase in revenue to ₹8,256.67 lakhs for Q1 FY2025-26. However, net profit declined by 44.64% to ₹280.19 lakhs. The company announced a dividend of ₹3.00 per equity share, subject to shareholder approval. The 33rd AGM is scheduled for September 27, 2025, with September 19, 2025, set as the record date for dividend eligibility.