Elnet Technologies Approves Unaudited Quarterly Results and Recommends Final Dividend

Elnet Technologies Approves Unaudited Quarterly Results and Recommends Final Dividend

Elnet Technologies Approves Unaudited Quarterly Results and Recommends Final Dividend​

Elnet Technologies Ltd. announced significant outcomes from its 206th Board Meeting held on August 13, 2026. The company approved its unaudited financial results for the quarter ended June 30, 2026, and the Board recommended a final dividend for the financial year ending March 31, 2026.

The Board meeting transacted various business matters, including the review of the quarterly performance and making recommendations regarding shareholder returns.

Financial Performance Highlights (Q2 FY2026)​

Elnet Technologies approved its unaudited results for the quarter ended June 30, 2026. The financial data reflects both operating income and total earnings.

Key financial metrics from the statement of unaudited financial results are presented below (figures in Rs. Lakhs):

MetricQuarter Ended June 30, 2026
Revenue from Operations674.46
Total Income952.11
Profit for the Period/Quarter502.69
Basic Earnings Per Share (EPS)12.57

The company's total comprehensive income for the period stood at 615.88, with a net loss of 0.24 reflected in the prior period comparison. The company is engaged in the sole activity of "Promotion and Maintenance of Software Technology Park."

Dividend Recommendation​

Regarding shareholder returns, the Board recommended a final dividend on Equity Shares at a rate of 20%, equating to Rs. 2.0/- per Equity Share (with a face value of Rs. 10.00/-). The recommendation is subject to ratification by members during the forthcoming 35th Annual General Meeting.

Independent Review Confirms Compliance​

The unaudited financial results were reviewed by M/s Selvam & Suku, Chartered Accountants. Their Limited Review report confirmed that the accompanying Statement of Financial Results was prepared in accordance with Indian Accounting Standard 34 ("Interim Financial Reporting," Ind AS 34).

M/s Selvam & Suku reported that nothing came to their attention from the review that indicated the financial statement contained material misstatements, and the information provided adhered to the required disclosures.

Stock Price Movement​

At 13:10, shares of Elnet Technologies Ltd are ticking down slightly at ₹314.90, reflecting a 0.35% decline. The stock has traded within a wide intraday range, moving between a low of ₹305.00 and an intraday high of ₹320.00.
 

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