The Hi-Tech Gears Limited — Board Meeting, 11-08-2025: Outcome of Board Meeting

Hi-Tech Gears' board met and approved its consolidated Q1 FY26 financial results. For the quarter, total income stood at ₹220.09 Cr, with a profit after tax of ₹5.99 Cr. This marks a notable decline from ₹263.04 Cr total income and ₹14.24 Cr profit reported in the same quarter last year. Additionally, the board approved the reclassification of M/s. Dev Darshan Construction Private Limited from the 'Promoter Group' to the 'Public' category, pending stock exchange approvals. This is a significant shift in the company's ownership structure.