The Board of Directors of Techno Electric & Engineering Company Limited met on February 10, 2026, to approve the Unaudited Standalone and Consolidated Financial Results for the Quarter and Nine Months ended December 31, 2025. The results, along with the review report from M/s. Walker Chandiok & Co. LLP, were approved and taken on record. The meeting commenced at 4:30 PM and concluded at 5:30 PM.
Board Meeting Outcome and Timing
Techno Electric & Engineering Company Limited announced the outcome of its Board of Directors meeting held today, February 10, 2026. The primary agenda was the approval of the latest quarterly financial disclosures. The Board Meeting was conducted from 4:30 PM and concluded successfully by 5:30 PM.
Financial Results Approved
The Board approved and took on record the Unaudited Standalone and Consolidated Financial Results for the company. These results cover the period ended 31st December, 2025. The documents were accompanied by the required Review Report issued by the statutory auditors, M/s. Walker Chandiok & Co. LLP, Chartered Accountants.
Key Financial Highlights (Standalone)
The standalone results for the Quarter Ended December 31, 2025, showed total income of ₹8,978.00 million and a Profit After Tax of ₹1,517.79 million. For the Nine Month Period ended the same date, total income was ₹22,093.08 million, yielding a Profit After Tax of ₹3,733.32 million.
Key Financial Highlights (Consolidated)
For the Consolidated results, the Quarter Ended December 31, 2025, reported total income of ₹9,038.93 million and Profit After Tax of ₹1,192.50 million. The Nine Month Period ended December 31, 2025, reported total income of ₹23,591.06 million, resulting in a Profit After Tax of ₹3,341.86 million.
Auditor’s Review and Caveats
The auditor’s report highlighted several points requiring attention. Specifically, they noted trade receivables and other financial assets aggregating ₹885.28 million that are substantially overdue as of December 31, 2025. Management believes these balances are fully recoverable based on internal assessments and legal opinions.
Furthermore, the consolidated results included interim financial information for nine subsidiaries that were not reviewed by their auditors, relying instead on certification by the Holding Company’s management. This unreviewed portion represents total revenues of ₹543.42 million for the quarter.
Notes on Accounting Estimates
Management provided clarifications on specific areas:
- Project Receivables (BEL): Receivables of ₹118.26 million from a project handed over previously are still under arbitration, with hearings scheduled in February 2026.
- Afghanistan Project: Receivables of ₹589.82 million from the terminated Afghanistan project are expected to be paid by the Asian Development Bank (ADB) following verification processes.
- Renewable Energy Certificates (RECs): A receivable of ₹177.20 million related to differential floor rate deposits is monitored closely, though management sees no material risk of default.
- Labor Codes: The company has estimated and recognized additional gratuity and leave liability based on the New Labour Codes enacted effective November 21, 2025, pending the notification of final rules.
Source: BSE
