Rexnord Electronics and Controls Limited has submitted the Outcome of the Board Meeting held on May 29, 2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rexnord Electronics & Controls Limited's board approved the audited financial results for Q4 and full year ended March 31, 2026 (Standalone and Consolidated). Total revenue from operations was Rs 3,151.06 lakhs, up about 5% from Rs 3,007.42 lakhs in the previous year. Profit after tax jumped significantly to Rs 2,071.60 lakhs from Rs 216.87 lakhs, partly boosted by Rs 410.76 lakhs in Industrial Promotion Subsidy under the Maharashtra Electronics Policy 2016. Statutory auditors R.S. Agrawal & Associates issued an unmodified (clean) opinion. The board also approved agreements with related parties M/s R.K. Management Services and M/s S.K. Management Services, and reappointed R.J. Rathi & Co. as Internal Auditors for FY 2026-27. An exceptional item of Rs 47.71 lakhs was recognized due to provisions under the New Labour Codes.
Strong profit growth despite modest revenue increase, driven largely by government subsidy income. Clean audit opinion provides comfort to investors. Related party transactions and exceptional labour code provisions are being monitored.