DECLARATION ALONG WITH OUTCOME OF BM HELD ON 28-05-2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RKD Agri & Retail Ltd held its Board Meeting on 28-05-2026 and approved the standalone audited financial results for FY ended 31-03-2026. The company reported revenue from operations of Rs. 179.38 Lacs for FY 2025-26, slightly down from Rs. 182.50 Lacs in the previous year. However, the company recorded a significant net loss of Rs. 83.83 Lacs for FY 2025-26, a sharp deterioration compared to a loss of Rs. 10.98 Lacs in FY 2024-25. Total equity has declined substantially from Rs. 157.61 Lacs to Rs. 57.11 Lacs. The statutory auditors (MNT and Associates LLP) issued an unqualified opinion with no audit qualifications. The company also appointed Hiren Dave as Internal Auditor for FY 2026-27 and submitted statements confirming no deviations in fund utilization from its March 2023 public issue of Rs. 5.42 Crore.
The sharp increase in losses (from Rs. 10.98 Lacs to Rs. 83.83 Lacs) and significant erosion of equity base (from Rs. 157.61 Lacs to Rs. 57.11 Lacs) are concerning for shareholders. The clean audit opinion provides some comfort, but the company's deteriorating financial health warrants close monitoring.