outcome of 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 Ltd has approved its audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. On a consolidated basis, revenue grew 26% to Rs. 40,159 Lacs, but profit before tax declined 27% to Rs. 3,037 Lacs due to higher finance costs (Rs. 1,385 Lacs vs Rs. 867 Lacs) and increased material costs. Standalone revenue was Rs. 30,347 Lacs with profit after tax of Rs. 1,582 Lacs, down 48% from Rs. 3,061 Lacs in FY25. The company spent Rs. 797 Lacs on R&D for a new product called 'Pulsebox'. Notably, the company migrated from the SME Platform to the Main Board of BSE and NSE effective April 1, 2026. The auditors issued an unmodified opinion. The Board also re-appointed DLS and Associates LLP as internal auditors and Deepak Mittal & Associates as cost auditors for FY 2026-27.
While revenue grew on consolidated basis, profit declined significantly YoY due to higher finance and material costs. The migration to Main Board is positive for liquidity and investor reach. However, shareholders should monitor the profit decline trend and increasing debt levels.