The Hi-Tech Gears Limited
The Hi-Tech Gears Ltd is an auto components manufacturer primarily engaged in the business of manufacturing gears and transmission components.
What The files
- Others99
- Important13
- Board Meeting13
- PPTs9
- Dividend/Bonus6
- Updates5
Hi-Tech Gears reported Q1 FY27 consolidated revenue of ₹232.34 Cr (up from ₹210.62 Cr), but profit dipped to ₹4.76 Cr (from ₹6.00 Cr). Board changes include a new VP for Operations Transformation and re-appointments of two directors for continuity.
Hi-Tech Gears approved Q1 results: Standalone PAT ₹6.24 Cr, Consolidated PAT ₹4.76 Cr. Board re-appointed Independent Director Rajiv Batra, continued Director Bidadi Anjani Kumar, and appointed Manoj Saxena as VP, Operations Transformation.
Hi-Tech Gears was hit with a $5,000 fine by US Customs for late bill of lading filing. The company plans to appeal for a waiver, emphasizing no material financial or operational impact.
The GST Department conducted a search at The Hi-Tech Gears' premises, inspecting records. The company cooperated fully, and operations were unaffected. No order or financial impact has been determined yet.
The Hi-Tech Gears has announced its 39th Annual General Meeting for FY2024-25. Shareholders will consider a Rs. 5 per equity share (50%) final dividend. The Annual Report is now available.