The Hi-Tech Gears Limited — Important, 11-08-2025: General Updates

The Hi-Tech Gears announced Q1 FY26 consolidated financials. Revenue from operations saw a dip to ₹210.62 Cr from ₹255.05 Cr year-on-year. Net profit significantly decreased to ₹6.00 Cr versus ₹14.24 Cr in Q1 FY25, impacting Basic EPS which now stands at ₹3.19 (down from ₹7.58). Separately, the board approved reclassifying M/s. Dev Darshan Construction Private Limited from 'Promoter Group' to 'Public' category, pending stock exchange nod. This ownership restructuring could increase public float.