Hind Rectifiers Profit Plummets 55% Despite Revenue Surge

Hind Rectifiers Ltd announced a significant 55% decrease in net profit for the fourth quarter of the fiscal year ending March 31, 2026, reporting ₹4.51 crore compared to ₹9.99 crore in the same period last year. This profit reduction occurred despite a robust 51% year-on-year increase in revenue, which rose to ₹279.8 crore from ₹185.1 crore.

The company's EBITDA saw a considerable 58% fall to ₹8.42 crore, with the EBITDA margin narrowing to 3.0% from 10.8% year-on-year. Amidst these financial results, the board has recommended a dividend of ₹1.40 per equity share for the fiscal year 2026. This dividend, equivalent to 70% of the face value, will be disbursed within 30 days after shareholder approval at the Annual General Meeting.

Furthermore, Hind Rectifiers' board approved the re-appointment of Suramya Nevatia as Managing Director for a three-year term commencing August 17, 2026. Shareholder approval is also pending for revisions to the remuneration and terms of Executive Director Akshada Nevatia's appointment.