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Hitech Corp Q3 Revenue Grows to ₹131.5 Cr; CFO Retires, WTD Re-appointed
Hitech Corporation reported a 6.9% year-on-year growth in Q3 FY26 revenue, reaching ₹13,153.75 lakhs. For the nine-month period ending December 2025, revenue stood at ₹43,263.96 lakhs, up from ₹41,213.39 lakhs in the previous year. The company also announced the retirement of CFO Mrs. Avan R. Chaina effective February 11, 2026, with a search for a successor currently underway. Additionally, the Board approved the re-appointment of Mr. Mehernosh Mehta as Whole Time Director for a one-year term starting March 2026.
Key Highlights
Q3 FY26 revenue from operations increased to ₹13,153.75 lakhs from ₹12,300.05 lakhs YoY.
Nine-month revenue for FY26 rose to ₹43,263.96 lakhs compared to ₹41,213.39 lakhs in FY25.
CFO Mrs. Avan R. Chaina to retire on February 11, 2026, following the completion of her extended term.
Mr. Mehernosh Mehta re-appointed as Whole Time Director for 1 year effective March 17, 2026.
Company is in the process of identifying a successor for the CFO position to ensure a smooth transition.
💼 Action for Investors
Investors should monitor the upcoming appointment of the new CFO to ensure leadership continuity. While revenue growth is steady, the impact of management transitions on operational efficiency should be watched.
Hitech Corp Q3 Revenue Up 7% YoY to ₹131.5 Cr; CFO Avan Chaina Retires
Hitech Corporation reported a standalone revenue of ₹131.54 crore for Q3 FY26, marking a 6.9% growth compared to ₹123.00 crore in the same quarter last year. For the nine-month period ended December 31, 2025, revenue rose to ₹432.64 crore from ₹412.13 crore YoY. The company also announced the retirement of CFO Mrs. Avan R. Chaina effective February 11, 2026, and is currently identifying a successor. Additionally, Mr. Mehernosh Mehta has been re-appointed as Whole Time Director for a one-year term starting March 2026.
Key Highlights
Standalone revenue for Q3 FY26 stood at ₹13,153.75 lakhs vs ₹12,300.05 lakhs YoY.
Revenue for 9M FY26 reached ₹43,263.96 lakhs, a growth of 4.97% over 9M FY25.
Sequential revenue declined by 11.3% from ₹14,828.15 lakhs in Q2 FY26.
CFO Mrs. Avan R. Chaina to retire on February 11, 2026; succession process is underway.
Whole Time Director Mehernosh Mehta re-appointed for one year effective March 17, 2026.
💼 Action for Investors
Investors should monitor the appointment of the new CFO to ensure management stability and track if the sequential revenue decline is a seasonal trend or a demand slowdown.