RACL Geartech Limited has informed the Exchange regarding 'Revised file of Financial Results due to machine readable copy of financial results not submitted'.
RACLGEAR · price
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Awaiting price reaction for this filing.
RACL Geartech submitted a revised filing of its unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025), after a technical issue with the original machine-readable submission. On a standalone basis, revenue from operations stood at Rs. 101.09 crore versus Rs. 97.37 crore in Q1 FY25, with profit after tax rising about 32% year-on-year to Rs. 8.29 crore (from Rs. 6.26 crore); consolidated PAT nearly doubled to Rs. 8.26 crore from Rs. 4.15 crore. The board also approved the appointment of M/s. Gupta Nayar & Co. as the new statutory auditor for three years, M/s. Rosy Jaiswal & Associates as secretarial auditor for five years, two new directors (Mr. Pravir Kumar and Mr. Rakesh Kapoor), and senior management changes. The 42nd Annual General Meeting is scheduled for September 26, 2025, and the limited review report by Gianender & Associates is unmodified.
Strong year-on-year profit growth, especially on a consolidated basis, is a positive signal for shareholders, though the change in statutory auditor in the middle of the financial year is worth watching for any governance implications. Overall, the results point to improving profitability for this auto-components maker.