Outcome of Board Meeting held on May 20, 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ramgopal Polytex Limited's Board approved the audited financial results for Q4 and FY ended March 2026. The company reported revenue from operations of Rs. 148.20 lakhs for FY26, up from Rs. 109.36 lakhs in FY25 (approx 35% growth). However, the loss for the year widened significantly to Rs. 72.13 lakhs from Rs. 17.10 lakhs previously, with loss before tax at Rs. 199.11 lakhs. The statutory auditors gave an unmodified (clean) opinion on the results. The Board also approved selling 1,90,000 equity shares of Ramgopal Synthetics Limited for Rs. 1.35 crore and appointed Mr. Ravi Seth as the new Internal Auditor for FY 2026-27. Operating cash flow remained negative at Rs. 60.28 lakhs.
Despite revenue growth, the company is burning more cash with significantly higher losses and negative operating cash flows. The asset sale provides some liquidity but the deteriorating profitability and negative cash flows are concerning for shareholders. The clean audit opinion is a positive signal.