Announcement under Regulation 30(LODR) for appointment of Internal Auditor.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rajnish Retail Ltd's board meeting on May 6, 2026 approved audited financial results for Q4 and FY ended March 2026, and appointed M/s Shweta Goel & Co, Chartered Accountants as Internal Auditors for FY 2026-2027. Annual revenue grew 11% to Rs 9,433.07 Lacs, but profit before tax fell 57% to Rs 60.58 Lacs from Rs 141.25 Lacs in the previous year. The statutory auditor issued an unmodified opinion, and the board did not recommend any dividend. Cash and cash equivalents declined significantly to Rs 80.10 Lacs from Rs 531.14 Lacs year-over-year.
The appointment of a new internal auditor suggests the company is strengthening its audit framework. The profit decline despite revenue growth indicates margin pressure, which may concern investors. The significant reduction in cash reserves could affect near-term financial flexibility.