Rexnord Electronics and Controls Limited has submitted the Outcome of the Board Meeting held on May 30, 2025.
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The Board of Rexnord Electronics & Controls approved the audited financial results (standalone and consolidated) for Q4 and the full year ended March 31, 2025. The statutory auditors (R.S. Agrawal & Associates) issued an unmodified opinion on the results. Standalone FY25 revenue from operations rose to around Rs 10,848 lakhs from Rs 9,628 lakhs in FY24, while standalone profit for the year grew to roughly Rs 1,011 lakhs from Rs 761 lakhs — a year-on-year PAT jump of about 33%. Q4 FY25 PAT of around Rs 191 lakhs was up ~26% versus Rs 152 lakhs in Q4 FY24. The results include exceptional items: a Rs 53.16 lakh loss on discarding furniture/fixtures related to MIDC land (from liquidation of Shreemuj & Company) and a Rs 14.06 lakh gain on reversal of impairment in debentures of Relitec Capital. The Board also re-appointed M/s. R.J. Rathi & Co. as Internal Auditors, appointed M/s. Krishna S & Associates as Cost Auditors and M/s. GMJ & Associates as Secretarial Auditors for five years, and approved the re-appointment of Chairman & MD Kishorechand Kewal Talwar (above 70 years) and two Whole-Time Directors, subject to shareholder approval.
Positive – healthy double-digit profit growth (full-year PAT up ~33%, Q4 PAT up ~26%) on decent revenue growth, with a clean audit report. The re-appointments of senior leadership and auditors signal business continuity, though several items need shareholder nod at the upcoming AGM.