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The Hi-Tech Gears has allotted 6,497 equity shares under The Hi-Tech Gears Limited Stock Incentive Plan, 2021. Post allotment, the paid-up equity share capital of the company has increased from Rs. 18,81,35,470 consisting of 1,88,13,547 equity shares of Rs. 10/- each to Rs. 18,82,00,440 consisting of 1,88,20,044 equity shares of Rs. 10/- each.

The Hi-Tech Gears will hold a meeting of the Board of Directors of the Company on 6 August 2026.

Net profit of The Hi-Tech Gears declined 16.56% to Rs 8.11 crore in the quarter ended March 2026 as against Rs 9.72 crore during the previous quarter ended March 2025. Sales rose 6.40% to Rs 223.69 crore in the quarter ended March 2026 as against Rs 210.23 crore during the previous quarter ended March 2025.For the full year,net profit declined 48.02% to Rs 20.98 crore in the year ended March 2026 as against Rs 40.36 crore during the previous year ended March 2025. Sales declined 2.01% to Rs 888.56 crore in the year ended March 2026 as against Rs 906.81 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales223.69210.23 6 888.56906.81 -2 OPM %11.2815.80 -11.3814.98 - PBDT26.0233.18 -22 100.62126.23 -20 PBT10.0517.25 -42 33.2962.77 -47 NP8.119.72 -17 20.9840.36 -48 Powered by Capital Market - Live News

The Hi-Tech Gears announced that the Board of Directors of the Company at its meeting held on 29 May 2026, inter alia, have recommended the final dividend of Rs 4 per equity Share (i.e. 40%) , subject to the approval of the shareholders.

The Hi-Tech Gears will hold a meeting of the Board of Directors of the Company on 29 May 2026.