Q1 FY27 results: 156L revenue vs nil YoY; name change to Radhe Dhokla Retail
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Shantai Industries reported Q1 FY27 revenue from operations of 156.04 lakh vs nil in Q1 FY26. Net loss was 4.99 lakh vs 3.24 lakh loss year-ago. Full year FY26 ended with revenue of 981.20 lakh and loss of 31.35 lakh. Board approved changing company name to Radhe Dhokla Retail Limited and amending objects clause to enter food and beverage sector, pending shareholder and MCA approval. Four new directors appointed including one independent director.
Small revenue base, losses persist. Name change and food and beverage pivot signal major strategic shift but execution risk remains high.