Rasandik Engineering Industries India Limited has announced its un-audited financial results for the quarter ended June 30, 2026. The company reported a revenue from operations of ₹1,760.07 lakhs. For the period, the company incurred a net loss of ₹71.48 lakhs, with total comprehensive income standing at ₹71.48 lakhs. The results were approved by the Board of Directors on August 14, 2026.
Rasandik Engineering Reports Q1 FY27 Financials
Rasandik Engineering Industries India Limited has disclosed its un-audited financial results for the first quarter of the financial year 2027, ending on June 30, 2026. The announcement follows a Board of Directors’ meeting held on August 14, 2026, where the results were approved. These financials have been prepared in accordance with the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.
Key Financial Highlights (Quarter Ended June 30, 2026)
- Revenue from operations: ₹1,760.07 lakhs
- Cost of materials consumed: ₹1,212.88 lakhs
- Profit/(Loss) before tax: (₹94.63) lakhs
- Current Tax: (₹23.15) lakhs
- Net Profit/(Loss) for the period: (₹71.48) lakhs
- Total Comprehensive Income for the period (net of tax): (₹71.48) lakhs
- Basic and Diluted Earnings per Share: (₹1.20)
Operational and Financial Context
The company’s total income for the quarter stood at ₹1,765.02 lakhs. Total expenses amounted to ₹1,859.65 lakhs, leading to a profit/(loss) before exceptional items and tax of (₹94.63) lakhs. The detailed breakdown reveals significant expenses, including cost of materials consumed at ₹1,212.88 lakhs and employee benefits expense at ₹187.46 lakhs. The net loss for the period is ₹71.48 lakhs, and similarly, the total comprehensive income for the period is also reported as (₹71.48) lakhs. The basic and diluted earnings per share for the quarter are (₹1.20).
Going Concern and Other Disclosures
In their limited review report, V. Sankar Aiyar & Co. noted that the company’s net current liabilities exceeded total current assets by ₹1,383.90 lakhs as of June 30, 2026. However, management, with promoter support, expects the company to continue as a going concern. The report also draws attention to property, plant, and equipment classified as ‘capital work in progress’ and a potential interest liability on non-fulfilment of export obligations, disclosed as a contingent liability.
Source: BSE
