Please find attached the Audited Financial Results for the Quarter and Financial Year ended on March 31, 2026.
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RRP Defense Ltd (formerly EuroAsia Exports Ltd) reported a significant decline in performance for FY26. Revenue from operations fell to ₹1,044.75L, with Q4 FY26 revenue at ₹708.69L compared to ₹1,238.49L in Q4 FY25. The company posted a net loss of ₹102.35L for FY26 versus a net profit of ₹158.13L in FY25. EPS turned negative at ₹(0.77) for FY26 from ₹7.28 in FY25. The balance sheet shows negative other equity of ₹96.58L on standalone basis. Operating cash flow was deeply negative at ₹1,371.34L, primarily due to massive working capital outflows including inventory build-up of ₹577.24L and increase in loans/advances of ₹985.81L. The statutory auditors issued an unmodified (clean) opinion.
The company has swung from profit to loss with negative cash operations and deteriorating balance sheet equity. Shareholders should be cautious as the financial health has weakened significantly, though the audit opinion remains clean.