Hitech Corporation's Q2 FY 2025-26 Quarterly Results

Result Summary

• Hitech Corporation Ltd reported a 0.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 12.2%.
• Its expenses for the quarter were up by 0.3% QoQ and 11.4% YoY.
• The net profit decreased 12.2% QoQ and increased 50.0% YoY.
• The earnings per share (EPS) of Hitech Corporation Ltd stood at 2.43 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

## Company Overview
Hitech Corporation Ltd is a company that operates in a sector primarily focused on manufacturing and technology solutions. It is known for its diverse range of products, including consumer electronics, industrial components, and potentially, technological services, although specific major developments or strategic shifts in recent times are not detailed in the provided information. The company's financial performance in recent quarters reflects its operations in a competitive industry landscape, where innovation and efficiency are crucial for maintaining and enhancing market position.

## Revenue
In Q2FY26, Hitech Corporation Ltd reported a total income of ₹164.86 crores, which represents a slight decrease of 0.3% from the previous quarter (Q1FY26), where total income was ₹165.31 crores. However, when compared year-over-year, there is a significant increase of 12.2% from Q2FY25, where the total income was ₹146.88 crores. This year-over-year growth indicates an upward trajectory in revenue generation over the past year.

## Profitability
For the quarter ending Q2FY26, the company's Profit Before Tax (PBT) stood at ₹5.66 crores, which shows a decrease of 13.5% compared to the previous quarter (Q1FY26) with a PBT of ₹6.54 crores. However, there's a notable year-over-year increase of 43.7% from Q2FY25, where the PBT was ₹3.94 crores. The Profit After Tax (PAT) for Q2FY26 was ₹4.17 crores, reflecting a decline of 12.2% from the previous quarter's ₹4.75 crores, but a substantial 50.0% increase year-over-year from ₹2.78 crores in Q2FY25. The Earnings Per Share (EPS) for Q2FY26 was ₹2.43, down by 12.0% from Q1FY26's ₹2.76, yet significantly higher by 50.0% compared to the previous year’s Q2FY25 EPS of ₹1.62.

## Operating Metrics
The total expenses for Hitech Corporation Ltd in Q2FY26 were ₹159.20 crores, showing a slight increase of 0.3% from Q1FY26, which recorded expenses of ₹158.77 crores. Year-over-year, expenses grew by 11.4% from ₹142.94 crores in Q2FY25. The tax expense for the quarter was ₹1.49 crores, which is a decrease of 16.8% from the previous quarter's ₹1.79 crores, but a growth of 28.4% when compared to ₹1.16 crores in the same quarter last year. This financial data points to changing cost structures and tax implications over the quarters.