Outcome of Board Meeting No. 01/2026-27
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Baroda Rayon Corporation Ltd reported standalone audited financial results for FY ended March 2026. Total revenue was ₹6,334 lakhs (vs ₹6,334.07 lakhs in FY25), with PAT declining significantly to ₹2,220.62 lakhs from ₹4,035.03 lakhs in the prior year—a drop of approximately 45%. The decline is partly attributed to lower other income (₹96.05 lakhs vs ₹157.07 lakhs) and changes in inventory. The textile segment remains non-operational since August 2008. Operating cash flow turned negative at -₹397.13 lakhs (vs +₹4,234.41 lakhs in FY25). Statutory auditors issued an unmodified (clean) opinion. The Board also appointed M/s Patel & Associates as internal auditor for F.Y. 2026-27.
The sharp decline in profitability and negative operating cash flow may concern investors, though the clean audit opinion provides some assurance on financial statement accuracy. The company's heavy reliance on real estate segment and stagnant textile operations remain key watchpoints.