According to reports from Business Standard, Techno Electric & Engineering Company experienced a 14.96% decline in consolidated net profit to ₹114.51 crore in the quarter ended March 2026, compared to ₹134.65 crore in the corresponding quarter of the previous year. Despite the profit decline, the company demonstrated strong revenue growth with sales rising 23.81% to ₹1,010.04 crore during the same period, up from ₹815.79 crore in March 2025. The latest quarterly results show continued revenue momentum with Q4 FY26 standalone net profit of ₹1.43 billion compared to ₹1.32 billion in Q4 FY25, while Q4 EBITDA stood at ₹1.3 billion with margins steady at 12.64%.
As reported by Business Standard, the company's full-year performance showed contrasting trends with net profit rising 12.04% to ₹473.87 crore in the financial year ended March 2026, compared to ₹422.95 crore in the previous year. Annual sales demonstrated robust growth of 43.33% to ₹3,251.63 crore in FY2026, significantly higher than ₹2,268.66 crore recorded in FY2025. The company's operating profit margin (OPM) for the quarter stood at 13.08% compared to 15.53% in the corresponding quarter of the previous year. Latest full-year results show standalone net profit of ₹5,419.37 million representing a 26.5% increase from ₹4,281.04 million in FY25, with revenue from operations rising to ₹32,524.77 million from ₹24,017.36 million in the previous year.
According to the financial data reported by Business Standard, the company's profit before depreciation and tax (PBDT) for the quarter declined 10% to ₹158.47 crore from ₹176.18 crore in the previous year. Similarly, profit before tax (PBT) decreased 11% to ₹155.36 crore compared to ₹174.36 crore in March 2025. The company's PBDT for the full year showed a 21% increase to ₹592.11 crore from ₹488.68 crore in the previous financial year. Latest quarterly performance shows Q4 EBITDA margin remaining stable at 12.64% year-on-year, indicating consistent operational efficiency despite revenue growth challenges.
The Board of Directors has recommended a final dividend of ₹7 per equity share of face value ₹2 for the financial year 2025-26, subject to shareholder approval. The company's total income for FY26 grew to ₹34,507.44 million while total expenses increased to ₹28,600.64 million, reflecting the company's expansion activities. However, auditors have drawn attention to overdue receivables of ₹885.28 million related to projects in Afghanistan and with Bengal Energy Limited, which the company deems recoverable based on internal assessments and legal opinions. The audited standalone and consolidated financial results were approved by the Board at its meeting held on May 25, 2026, with statutory auditors Walker Chandiok & Co LLP issuing an unmodified opinion on the results.
