The Board of Directors of Gujarat Apollo Industries Limited reviewed and approved the audited consolidated financial results for the quarter and financial year ended March 31, 2026. The company also recommended a dividend of ₹2/- per equity share, representing 20% of the face value of ₹10/- each for the financial year 2025-26, subject to shareholder approval. Additionally, M/s. S.K Moondra & Co. was appointed as the internal auditor for the financial year 2026-27.

Gujarat Apollo Industries Limited specializes in the design and manufacture of heavy machinery for construction and mining, maintaining a robust market presence in this sector. During 2025, the company successfully raised funds through a preferential issue, which concluded on October 13, 2025, amounting to ₹34,16,40,000/-. These proceeds have been utilized for expansion plans, working capital requirements, and capital expenditure.

For the financial year ended March 31, 2026, the company reported consolidated revenue from operations of ₹5,298.32 Lakhs and a consolidated profit after tax of ₹515.64 Lakhs.

Leave a Reply

Quote of the week

Do not save what is left after spending; instead spend what is left after saving

~ Warren Buffett

Designed with WordPress

Discover more from Investeepedia

Subscribe now to keep reading and get access to the full archive.

Continue reading