Audited financial results 31.03.2026
RAJRILTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Raj Rayon Industries reported strong FY2026 results with revenue from operations at ₹117,971.70 lakhs, up 39% from ₹84,937.94 lakhs in FY2025. Profit after tax surged 146% to ₹3,399.28 lakhs from ₹1,380.61 lakhs, driven by improved operational performance. However, the statutory auditor issued a QUALIFIED OPINION due to three inoperative bank accounts from before the Corporate Insolvency Resolution Process - the company cannot verify their impact, and this qualification has persisted for three consecutive years. Net worth improved to ₹156.47 crore from ₹122.47 crore. There was also a change in Company Secretary - Mr. Chintan Dharod resigned for personal reasons and Ms. Ritu Shukla was appointed. The company reversed a ₹55 lakh provision related to minimum public shareholding non-compliance.
The qualified auditor opinion is a concern for investors as it indicates unresolved issues from the insolvency period and limited ability to verify certain balances. Despite strong profit growth, shareholders should monitor the resolution of these bank account issues. The leadership change in compliance function appears routine.