The Hi-Tech Gears announced that the 38th Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live News

Net profit of The Hi-Tech Gears rose 53.12% to Rs 14.24 crore in the quarter ended June 2024 as against Rs 9.30 crore during the previous quarter ended June 2023. Sales declined 1.15% to Rs 255.05 crore in the quarter ended June 2024 as against Rs 258.01 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales255.05258.01 -1 OPM %16.0512.87 - PBDT36.9027.30 35 PBT21.3112.29 73 NP14.249.30 53 Powered by Capital Market - Live News

The Hi-Tech Gears will hold a meeting of the Board of Directors of the Company on 6 August 2024.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 2024, inter alia, have recommended the final dividend of Rs 5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of The Hi-Tech Gears rose 7.15% to Rs 17.83 crore in the quarter ended March 2024 as against Rs 16.64 crore during the previous quarter ended March 2023. Sales rose 0.36% to Rs 280.60 crore in the quarter ended March 2024 as against Rs 279.60 crore during the previous quarter ended March 2023.For the full year,net profit rose 394.37% to Rs 114.25 crore in the year ended March 2024 as against Rs 23.11 crore during the previous year ended March 2023. Sales declined 4.96% to Rs 1083.77 crore in the year ended March 2024 as against Rs 1140.32 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales280.60279.60 0 1083.771140.32 -5 OPM %14.5511.87 -13.8312.39 - PBDT37.5225.39 48 122.09116.09 5 PBT21.2410.26 107 60.9233.94 79 NP17.8316.64 7 114.2523.11 394 Powered by Capital Market - Live News