The subsidiary has been incorporated with authorized capital of AED 150,000 divided into 150 shares of AED 1,000 each. Hind Rectifiers holds 100% of the equity share capital of Hirect GHL.

Hind Rectifiers is engaged in developing, designing, manufacturing, and marketing electronic, electrical, and electromechanical equipment; power electronic equipment; and railway traction equipment.

On consolidated basis, the company’s net profit tumbled 54.95% to Rs 4.50 crore in Q4 FY26 from Rs 9.99 crore in Q4 FY25. Revenue from operations jumped 51.22% YoY to Rs 279.81 crore in Q4 FY26.

The counter declined 2.76% to settle at Rs 1121.40 on the BSE.