Revised Outcome of the Board Meeting held on May 25, 2026 to consider and approve Audited Financial Statements for the Financial Year ended on 31st March 2026.
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Rungta Irrigation Ltd's Board approved the audited financial results for FY2025-26 (year ended March 31, 2026). Revenue from operations declined to ₹18,117.63 lakhs from ₹21,934.92 lakhs in the previous year, representing a 17.4% year-over-year decline. Profit after tax fell to ₹549.28 lakhs from ₹622.38 lakhs (down 11.7%), while EPS declined to ₹2.76 from ₹3.12. The statutory auditor M/s Mamraj & Co. issued an Unmodified (clean) opinion on the annual financial results. The Board also re-appointed Mr. Sudhindra Seth as Internal Auditor and M/s S. Shekhar & Co. as Cost Auditor for FY2026-27, and recommended appointment of M/s Shivam Grover & Associates as Secretarial Auditor for a 5-year term.
The 17% revenue decline and lower profitability are negative signals for shareholders. However, the clean audit opinion provides assurance on financial reporting quality, and the company maintains positive cash flows from operations at ₹583.96 lakhs, indicating ongoing operational viability despite the top-line contraction.