Audited Financial Results for the quarter and year ended 31/03/2026 alongwith audit report and declaration of unmodified opion

Remi Edelstahl Tubulars reported audited financial results for Q4 and full year FY26 ending March 31, 2026. Revenue from operations grew to Rs. 4,744 Lakhs in Q4 (up from Rs. 4,072 Lakhs in Q4 FY25) and Rs. 14,162 Lakhs for the full year (up 2.2% YoY). Net profit improved significantly to Rs. 274.25 Lakhs for FY26 versus Rs. 267.19 Lakhs in FY25. The company raised Rs. 14.62 Crores through a preferential issue of equity shares and warrants in October 2025, with funds utilized as planned for plant, machinery, and technology. The auditors issued an unmodified opinion confirming clean financials. In governance changes, Shri Mahabir Prasad Sharma resigned as Independent Director from June 1, 2026 due to health reasons, and Shri Ankur Mehta has been appointed as Non-Executive Independent Director for a 5-year term to replace him, subject to shareholder approval. The company is also working on an Ultra High Purity tubes project for semiconductor manufacturing under India's Semiconductor Mission.