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's Board approved audited Q4 and FY2026 financial results (ended March 31, 2026) with unmodified auditor opinions. Consolidated revenue grew 26% to Rs 40,159.24 Lakhs, but profit after tax fell 27% to Rs 2,241.58 Lakhs due to higher finance costs (Rs 1,385.27 Lakhs vs Rs 866.88 Lakhs) and increased material costs. Standalone revenue declined to Rs 30,346.78 Lakhs from Rs 31,587.89 Lakhs. The company spent Rs 797.38 Lakhs on R&D for a new product called Pulsebox. Notably, the company migrated from SME platform to Main Board of BSE and NSE effective April 1, 2026, and switched from half-yearly to quarterly reporting. Internal auditor DLS and Associates LLP and cost auditor M/s. Deepak Mittal & Associates were re-appointed for FY2026-27. Trading window will open 48 hours after result declaration.
Profit decline despite revenue growth suggests margin pressure from higher borrowing costs. The migration to Main Board may attract broader institutional investor interest. The company is not classified as a Large Corporate, limiting debt market obligations.