Satia Industries has announced a five-month halt in the operation of their Paper Machine-3 (PM-3). The company's other machinery and plants will continue as normal. Updates regarding the resumption of PM-3 operations will be provided later.
Satia Industries Limited
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Satia Industries has temporarily halted operation of the Paper Machine-3 (PM-3) for a period of 5 months. The company's other machines and plants remain unaffected during this time, with further updates on PM-3 resumption expected soon.
Satia Industries experiences a significant decline in Q4 net profit, dropping from ₹354 million to ₹58 million year-on-year, accompanied by a minimal dip in quarterly revenue to ₹3.9 billion from ₹3.97 billion.
Satia Industries announced its Q4 FY26 results, proposing a dividend of INR 0.40 per share. The results were influenced by an exceptional item of INR 667.3 lakh due to the Labor Codes. For FY27, Moore Singhi has been appointed as the new auditor.
On the 23rd of May, 2026, Satia Industries will convene a board meeting to finalize their audited financial results and discuss potential dividend payouts. Post this meeting, the trading window for insiders will reopen on the 25th, adhering to compliance regulations.