Hitech Corporation Limited — Board Meeting, 26-05-2025: Outcome of Board Meeting

Hitech Corporation has announced a board meeting on May 26, 2025, approving the audited consolidated financial results for the quarter and financial year ended March 31, 2025. The company reported revenue of ₹561.43 Cr and a profit before tax of ₹11.26 Cr. Key costs remained stable, with a ₹1.55 Cr exceptional charge for employee retrenchment tied to the planned Sarigam unit closure. The board proposed a 10% dividend of ₹1 per share, pending shareholder approval. Dr. Swaminathan Sivaram will take over as Chairman after the AGM.