Outcome of the Board Meeting held on 13.02.2026
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The Board of Directors of Raj Packaging Industries Ltd approved the unaudited financial results for Q3 FY26 (quarter ended Dec 31, 2025) and the nine-month period ended Dec 31, 2025. Revenue from operations for Q3 stood at Rs. 746.26 lakhs, down about 10% sequentially from Rs. 829.49 lakhs in Q2 but up roughly 3% YoY from Rs. 725.20 lakhs. For 9M FY26, revenue rose to Rs. 2,477.99 lakhs vs Rs. 2,242.42 lakhs in the same period last year, a growth of about 10.5%. The company swung to a marginal profit, with Q3 PAT at Rs. (0.01) lakhs and 9M FY26 PAT at Rs. 14.20 lakhs, compared to a loss of Rs. 62.95 lakhs in 9M FY25. The statutory auditors (NAC and Associates LLP) issued an unqualified limited review report with no qualifications or emphasis of matter.
Positive turnaround signal for shareholders — the company moved from a Rs. 62.95 lakh loss in 9M FY25 to a Rs. 14.20 lakh profit in 9M FY26, with EBITDA margins swinging firmly into positive territory. No debt defaults or audit qualifications were reported, suggesting improving operational health, though Q3 revenue softened sequentially and Q3 PAT was still marginally negative.