Outcome of Board Meeting held on 29th May, 2026
RICOAUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rico Auto Industries reported audited financial results for FY 2025-26. Consolidated revenue grew 12% to Rs 2,477.73 crores from Rs 2,212.40 crores, while standalone revenue increased 14.3% to Rs 1,836.44 crores. Consolidated PAT jumped to Rs 52.42 crores from Rs 19.19 crores (173% growth), though this includes Rs 8.32 crores in exceptional items primarily due to one-time impact of new Labour Codes (Rs 7.38 crores). Standalone PAT grew 19.2% to Rs 27.32 crores. The Board recommended dividend of Rs 0.55 per share (55%) subject to shareholder approval. Statutory auditors BS R & Co. LLP issued an unmodified (clean) opinion on both standalone and consolidated financial statements. The company completed amalgamation of Rico Fluidtronics into Rico Jinfei Wheels and classified land at Haridwar as asset held for sale.
The stock should see positive reaction given strong revenue growth and near-tripling of consolidated PAT, though investors should note that underlying operational PAT growth (excluding exceptional labour code items) is more modest. The clean audit opinion removes any immediate concerns about financial reporting quality.