Outcome of Board Meeting dated 21-01-2026
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Rajnish Retail's board, at its meeting on January 21, 2026, approved the unaudited standalone financial results for the quarter and nine months ended December 31, 2025. The company reported a loss of about Rs 67.83 lakhs for Q3 FY26 and Rs 37.04 lakhs for the nine-month period, compared to profits of Rs 129.3 lakhs and Rs 125.74 lakhs in the corresponding prior-year periods. The company operates in a single segment (garments), with equity share capital of Rs 15.885 crores (1,58,85,000 shares of Rs 10 each). The auditor, C.P. Jaria & Co., issued a clean (unqualified) limited review report with no qualifications, adverse remarks, or emphasis of matter. No investor complaints were pending for the quarter.
The swing from profit to loss is a negative signal for shareholders, indicating operational stress in the current fiscal year. The clean auditor review removes concerns about accounting quality, but the deteriorating bottom-line performance could weigh on the stock in the near term.