The Board of Directors in its Meeting held on 20th May 2025 commenced at 4:00 PM and concluded at 07:30 PM approved the Financials Results Standalone and Consolidated for the half year/ ....
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RMC Switchgears' board, meeting on 20th May 2025, approved the audited standalone and consolidated financial results for the half-year and full year ended 31st March 2025, along with the balance sheet and cash flow statement. On a standalone basis, revenue from operations (net of GST) jumped to Rs. 31,630.49 lakh from Rs. 17,263.10 lakh a year earlier (about 83% growth), while profit after tax more than doubled to Rs. 3,140.79 lakh from Rs. 1,488.74 lakh (~111% growth), pushing EPS to Rs. 30.25 vs Rs. 14.44. Consolidated PAT also rose sharply to Rs. 3,145.24 lakh. Statutory auditors M/s Rakesh Ashok & Company issued an unqualified opinion on both sets of results. The board also appointed Anil Jain (ex-NTPC/POWERGRID veteran) as an Additional Independent Director for 3 years, named M/s Deepak Mittal & Company as Cost Auditor and Chirag Khandelwal as Internal Auditor for FY26, and reconstituted its key committees.
Strong topline and bottomline growth, combined with a clean audit report, signals robust business momentum and is positive for shareholders. The appointment of a seasoned power-sector independent director could strengthen governance and strategic oversight, while the fresh fund raise via preferential allotment (Rs. 15+ crore) supports expansion into solar and hydel subsidiaries.