Audited Financial Results of the Company for the Quarter and Year Ended March 31, 2026 along with other matters.
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Ramgopal Polytex Limited reported audited financial results for Q4 and FY26 ended March 31, 2026. The company posted revenue from operations of Rs. 109.36 lakhs for FY26, down significantly from Rs. 148.20 lakhs in FY25, representing a revenue decline of approximately 26%. The company reported a net loss of Rs. 99.11 lakhs for FY26, compared to a loss of Rs. 18.52 lakhs in FY25, showing a substantial worsening of financial performance. Other equity stands at negative Rs. 391.91 lakhs. Net cash flow used in operating activities was Rs. 60.28 lakhs. The statutory auditors Rungta Agarwal and Associates issued an unmodified (clean) opinion on the financial results. Additionally, the board approved sale of 1,90,000 equity shares held in Ramgopal Synthetics Limited to unrelated parties for Rs. 1,34,90,000 (Rs. 71 per share), and appointed Mr. Ravi Seth as Internal Auditor for FY26-27.
The company continues to incur losses with negative equity, indicating financial stress. However, the clean audit opinion and asset sale may provide some liquidity. Shareholders should monitor the company's ability to return to profitability given the declining revenue trend.