Power Mech Projects Board Approves FY26 Audited Results & Final Dividend
Power Mech Projects' Board approved audited standalone and consolidated financial results for FY26 ending March 31, 2026. A final dividend of 15% (₹1.50 per share) was proposed, subject to shareholder approval at the AGM. M/s. M P R & Associates were appointed as Cost Auditors for FY26.
The approval of audited financial results and declaration of a dividend are material events for the company and its shareholders. The appointment of a cost auditor is a routine corporate action.
The company announced audited financial results and a final dividend, which are generally positive developments for shareholders. The unmodified auditor's report also adds to the positive sentiment.
Power Mech Projects Limited announced the outcome of its Board of Directors meeting held on May 20, 2026. The board approved the audited financial results, both standalone and consolidated, for the quarter and year ended March 31, 2026. The auditors' report included unmodified opinions on both standalone and consolidated financial statements.
Additionally, the board approved a final dividend of 15%, or ₹1.50 per equity share of ₹10 each, for the financial year ended March 31, 2026. This dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM) and will be paid within 30 days of such approval.
The company also appointed M/s. M P R & Associates as Cost Accountants and Cost Auditors for the financial year 2025-26. The remuneration for the cost auditors is subject to ratification by the shareholders at the ensuing AGM.
The board meeting commenced at 2:30 p.m. (IST) and concluded at 6:50 p.m. (IST). The company also disclosed that the audited financial results for the quarter and year ended March 31, 2026, are available on its website.
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