Outcome of the Board Meeting Held on 30.05.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rapid Multimodal Logistics reported audited financial results for FY2026 ending March 31. Revenue grew 39% to Rs. 14,302 Lakhs from Rs. 10,299 Lakhs in FY2025. However, profit after tax declined 17% to Rs. 189 Lakhs versus Rs. 226 Lakhs the prior year, with EPS falling to Rs. 4.95 from Rs. 5.69. The company maintained an unmodified (clean) audit opinion from Jay Gupta & Associates. The Board appointed Mr. Sanjay Kumar as Internal Auditor and M/s. Mamta Binani & Associates as Secretarial Auditor for FY2026-27. Cash and cash equivalents dropped significantly to Rs. 172.50 Lakhs from Rs. 398.77 Lakhs, while trade receivables rose to Rs. 1,509 Lakhs from Rs. 1,206 Lakhs.
Revenue growth is strong but shrinking margins and rising receivables signal cost pressure and cash flow concerns. The clean audit opinion is reassuring for governance, though investors should monitor the profitability decline and working capital management.