1. Appointment of Mr Sanjay Kumar as Internal Auditor for FY 2026-27. 2. Appointment of M/s Mamta Binani and Associates as Secretarial Auditors for FY 2026-27.
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The Board of Directors of Rapid Multimodal Logistics Limited held a meeting on May 30, 2026, and approved the audited financial results for the half-year and year ended March 31, 2026. Total income grew to Rs 14,324.80 lakhs from Rs 10,307.65 lakhs in the prior year, driven by revenue from operations of Rs 14,301.93 lakhs (up ~39% YoY). However, profit after tax declined to Rs 188.57 lakhs from Rs 226.40 lakhs, and EPS fell to Rs 4.95 from Rs 5.69. The company operates as a goods transportation service provider listed on the BSE SME platform and is not subject to IND-AS. The Board also appointed Mr. Sanjay Kumar (a commerce graduate with 15+ years of experience) as Internal Auditor and M/s. Mamta Binani & Associates as Secretarial Auditor for FY 2026-27. Statutory auditors Jay Gupta & Associates issued an unmodified opinion, and the audit committee reviewed the results.
Revenue growth is strong, but declining profitability and EPS may concern investors. Clean audit opinion provides assurance on financial integrity. The auditor appointments are routine and not a concern.