Announced Wed, 27 May · 17:08 IST

In continuation to our board meeting intimation letter dated May 16th, 2026 we wish to inform you that the Board of Directors of the Company at its meeting held today i.e. Wednesday, May ....

Board & Shareholder Meetings View source PDF

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AI summary

Reetech International Ltd held its Board meeting on May 27, 2026 and approved the audited standalone and consolidated financial results for the half year and year ended March 31, 2026. The company reported standalone profit after tax of Rs. 35.50 Lakhs compared to a loss of Rs. 25.37 Lakhs in the previous year, showing a significant turnaround. Consolidated profit after tax stood at Rs. 69.08 Lakhs, boosted by Rs. 33.58 Lakhs share of profit from its associate M/s M Ahuja Project (India) Private Limited (36.36% holding). Total standalone income was Rs. 668.46 Lakhs while consolidated income was Rs. 668.45 Lakhs. The statutory auditors issued an unmodified (clean) opinion on the financial statements. The Board also re-appointed M/s PSNV & Associates LLP as Internal Auditors for FY 2026-27.

Likely market impact

The company has returned to profitability with a clean audit opinion, which is a positive signal for shareholders. The reduction in long-term borrowings from Rs. 234.37 Lakhs to Rs. 59.14 Lakhs indicates improved financial health and debt management.