Outcome of Board Meeting held today i.e. Wednesday, May 06, 2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rajnish Retail Ltd reported annual revenue of Rs 9,433.07 lakh for FY2026, up 11.2% from Rs 8,482.35 lakh in the previous year. However, profit after tax declined significantly to Rs 45.44 lakh from Rs 105.94 lakh, a drop of 57%. The company attributed this to higher inventory buildup (up 74% to Rs 3,547.94 lakh) and increased operating costs. Cash holdings fell sharply from Rs 531 lakh to Rs 80 lakh. For Q4 alone, the company posted a profit of Rs 73.22 lakh, recovering from losses in earlier quarters. The board approved appointment of M/s Shweta Goel & Co as internal auditors for FY 2026-27 and declared an unmodified (clean) audit opinion. No dividend was recommended.
Revenue growth was offset by higher costs and inventory build-up, squeezing profitability significantly. The sharp reduction in cash reserves could limit flexibility. The clean audit opinion provides some comfort on financial reporting accuracy.