OUTCOME FOR BOARD MEETING DATED 29.05.2026
RMC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RMC Switchgears Limited reported FY2026 audited financial results showing consolidated revenue of Rs 40,159.24 Lakhs (up 26% from Rs 31,773.43 Lakhs), but consolidated profit after tax declined 27% to Rs 2,241.58 Lakhs from Rs 3,065.23 Lakhs. Standalone revenue fell 4% to Rs 30,346.78 Lakhs with PAT dropping 48% to Rs 1,581.71 Lakhs. The decline is partly attributed to Rs 512.26 Lakhs R&D expense for new product Pulsebox. The company received an unmodified (clean) audit opinion from statutory auditors. Key board decisions include re-appointment of DLS and Associates LLP as internal auditors and M/s. Deepak Mittal & Associates as cost auditors for FY 2026-27. The company migrated from SME platform to main board of BSE and NSE effective April 1, 2026. Short-term borrowings nearly doubled from Rs 4,037.17 Lakhs to Rs 8,937.94 Lakhs. Trading window to reopen 48 hours after results declaration.
The mismatch between revenue growth and profit decline, along with near-doubling of short-term debt, raises concerns about profitability and liquidity management despite the positive listing upgrade to main board.