Rox Hi Tech Limited Approves Financial Results, Reappoints Directors, and Recommends Dividend
Rox Hi Tech Limited, formerly known as ROX Trading and Systems Pvt.Ltd & ROX Hi-Tech Pvt.Ltd, announced key outcomes from its Board meeting held on May 28, 2026. The company formally approved its audited standalone and consolidated financial results for the fiscal year ending March 31, 2026, alongside the re-appointment of key managerial personnel and the recommendation of a final dividend.The Board of Directors confirmed the audited Standalone Financial Results and the Consolidated Annual Financial Results for the year ended March 31, 2026. The company also approved a certificate detailing the utilization of issue proceeds.
Management Appointments and Governance
During the meeting, the Board reviewed and approved several governance matters:- Reappointment of Managing Director: The Directors considered and approved the re-appointment of Mr. Jim Rakesh as Managing Director for a further term of five years. This appointment is subject to shareholder approval, with the term covering April 24, 2026, to April 23, 2031.
- Reappointment of Whole-time Director: Similarly, Mrs. Sukanya Rakesh was considered and approved for re-appointment as Whole-time Director for five years, subject to shareholder approval, effective from April 24, 2026, to April 23, 2031.
- Internal Auditor: The Board also appointed M/s. Sundaram & Subramaniam LLP, a practicing Chartered Accountants firm, as the Internal Auditor for the financial year 2026-27.
Financial Performance Highlights
The company released detailed financial results, showing the following figures for the standalone segment:| Metric | Year Ended March 31, 2026 | Year Ended March 31, 2025 |
|---|---|---|
| Total Revenue (a+b) (Lakhs) | 21,063.30 | 18,918.98 |
| Total Expenses (Lakhs) | 18,837.33 | 16,364.19 |
| Net Profit / (Loss) for the Period (Lakhs) | 1,763.94 | 1,931.78 |
| Basic Earnings per Equity share (Rs.) | 3.13 | 3.99 |
| Total Equity and Liabilities (Mar 31) (Lakhs) | 24,974.39 | 20,417.3 |
The cash flow statement reported the Net Cash from Operating Activities After Tax of 319.04 Lakhs for the year ended March 31, 2026, compared to 1,432.46 Lakhs for the same period in 2025.
Dividend Recommendation
The Board also recommended a final dividend of Re. 1/- (Rupee One only) per Equity share, which has a face value of Rs.10/- per equity share. This dividend is subject to the approval of the members at the ensuing Annual General Meeting.ROXHITECH Stock Price Movement
On Wednesday, Rox Hi Tech Limited shares edged higher, closing at ₹36.45 after rallying 4.89% from the previous day's close. The stock traded on a volume of 9,600 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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