WEP Solutions Ltd announced its audited financial results for the fiscal year ending March 31, 2026, following a Board of Directors meeting on May 9, 2026.
The company reported total revenue from operations of ₹67.91 crore for FY26, an increase from ₹64.79 crore in FY25.
However, net profit saw a significant drop of 49%, falling to ₹2.06 crore in FY26 from ₹4.03 crore in the previous fiscal year.
This divergence between revenue growth and profit decline suggests potential margin pressures or increased operational costs impacting profitability.
The Board recommended a final dividend of ₹0.50 per share, which is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Additionally, the company approved the grant of 2,12,000 stock options to eligible employees under its Employee Stock Option Plan 2023.
WEP Solutions Ltd is an Indian IT services company offering software development, IT consulting, and managed services. The recommended dividend provides a direct return to shareholders, while the stock options are intended to incentivize employees.
