Baroda Rayon reported a net profit of ₹2,220.62 crore for the financial year ended March 31, 2026, a decrease from ₹4,035.03 crore in the previous year. Revenue from operations fell to ₹6,177 crore in FY26 from ₹9,960 crore in FY25. The Board of Directors approved the standalone audited financial statements and results for the quarter and year ended March 31, 2026, in its meeting held on May 29, 2026.

The statutory auditors, M/s Kansariwala & Chevli, issued an audit report with an unmodified opinion on the annual audited financial results. Based on the recommendation of the Audit Committee, the Board appointed M/s Patel & Associates, Chartered Accountants, as the internal auditor for F.Y. 2026-27. The firm, based in Surat, brings 17 years of experience in audit, project finance, and tax advisory services.

Financial Performance

For the quarter ended March 31, 2026, the company posted a net profit of ₹483.52 crore on a revenue of ₹1,371 crore. Total expenses for FY26 were reported at ₹4,304.01 crore, lower than the ₹7,370.70 crore incurred in the previous year. Profit before tax for the year stood at ₹2,220.62 crore. The company noted that there is no tax liability due to unabsorbed depreciation and brought forward business losses.

Key Financial Metrics (Standalone)

Segment Performance

The Real Estate segment generated revenue of ₹6,228.42 crore for the year, while the Textiles segment contributed ₹105.65 crore. The Textiles segment has been operationally stagnant since August 2008, and the revenue figures in this segment primarily represent textile-related other income. The company stated it is exploring avenues to restart operations in the Textiles segment.

baroda rayon has scheduled a meeting of its Board of Directors for Friday, May 29, 2026. The meeting will be held at the registered office of the company located at P. O. Fatehnagar, Udhna, Surat – 394220 Gujarat, commencing at 12:30 p.m.

Agenda for the Meeting

The primary agenda for the board meeting is to consider and approve the Standalone Audited Financial Results for the quarter and year ended March 31, 2026. This disclosure is made in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Closure

In continuation of a previous intimation dated March 25, 2026, regarding the closure of trading windows, the company has informed that the trading window for dealing in securities of The Baroda Rayon Corporation Limited has been closed since April 01, 2026. This restriction will remain in effect until 48 hours after the declaration of the Standalone Audited Financial Results for the quarter and year ended March 31, 2026.