Rajnandini Metal Limited has informed the Exchange about Copy of Newspaper Publication
RAJMET · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rajnandini Metal Limited has published its unaudited standalone financial results for Q1 FY26 (quarter ended June 30, 2025) in Business Standard, as required under SEBI's Listing Regulations. Total income from operations dropped sharply to Rs 7,442 lakhs from Rs 31,616 lakhs in the same quarter last year. The company slipped further into losses, reporting a net loss after tax of Rs (199) lakhs versus Rs (124) lakhs in Q1 FY25, with basic EPS at Rs (0.06). A major concern is a pending GST demand of about Rs 290.70 crores (covering Rs 96.14 crores of disputed input credit, Rs 98.42 crores interest and Rs 96.14 crores penalty) and an additional income tax demand of Rs 16.98 crores, which the company is contesting and has not provisioned for.
Investors should note the steep year-on-year fall in revenue and continued losses, alongside a large pending tax dispute that, if upheld, would be very significant for a company of this size. The stock may face volatility until clarity emerges on the GST litigation outcome.