Ramgopal Polytex reported a net profit of ₹0.36 lakh for the quarter ended June 30, 2026, marking a return to profitability after recording a net loss of ₹11.60 lakh in the previous quarter. The company’s revenue from operations stood at ₹36.96 lakh, up from ₹23.50 lakh in the same period last year.

The Board of Directors approved the unaudited financial results in its meeting held on August 13, 2026. Statutory auditors Rungta Agarwal & Associates issued an unqualified limited review report on the statement of results.

Financial Performance

Revenue from operations grew significantly compared to the prior year, reflecting higher trading volumes in yarn and polymers. Other income remained stable at ₹20.52 lakh, contributing substantially to the total revenue of ₹57.48 lakh.

Expenses were contained at ₹57.12 lakh, down sharply from ₹112.07 lakh in the corresponding quarter last year. This reduction was primarily due to lower provisions for goods and service tax credits, which fell to ₹1.05 lakh from ₹70.00 lakh in Q1 FY26. Employee benefits expense saw a modest increase to ₹14.61 lakh from ₹13.15 lakh year-on-year.

What the Numbers Show

Other income accounted for 36% of total revenue in the quarter, highlighting a significant reliance on non-operating streams alongside core trading activities. While operational revenue grew, the narrow margin between total revenue (₹57.48 lakh) and total expenses (₹57.12 lakh) indicates thin operating buffers, with profitability heavily influenced by the stability of other income and precise cost control.

Ramgopal Polytex Limited shareholders overwhelmingly approved key board appointments at the company’s 45th Annual General Meeting (AGM) held on August 6, 2026. The meeting, conducted via video conferencing and other audio-visual means, saw the reappointment of Sanjay Jatia as a director retiring by rotation and the appointment of Arun Kumar Sharma as an independent non-executive director. These resolutions were passed alongside the adoption of the audited financial statements for the year ended March 31, 2026, with all proposals securing more than 99.99% of valid votes cast.

The voting process was scrutinized by Uma Lodha & Co., appointed by the Board of Directors on July 10, 2026, in compliance with Section 108 of the Companies Act, 2013 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Central Depository Services (India) Limited (CDSL) facilitated the electronic voting system for both remote e-voting and voting during the AGM. The record date for determining voting eligibility was July 30, 2026, with remote e-voting concluding on August 5, 2026.

Voting Results Breakdown

Shareholders voted on three resolutions, two ordinary and one special. The promoter group, holding 6,591,796 shares, participated actively, casting 5,261,696 votes in favor of all resolutions. Public non-institutional shareholders polled 5,108 votes, with minimal opposition recorded.

Sanjay Jatia (DIN: 00913405) retires by rotation under Section 152(6) of the Companies Act, 2013, and offered himself for reappointment. The second ordinary resolution approved his continuation on the Board. The special resolution concerned the appointment of Arun Kumar Sharma (DIN: 00369461) as an independent director, a role requiring shareholder approval due to its nature.

Governance and Participation

The AGM commenced at 3:30 PM IST and concluded at 4:10 PM. A total of 34 shareholders attended the meeting through video conferencing, comprising six from the promoter group and 28 from the public category. No shareholders attended in person or through proxy. The total number of shareholders on the record date was 23,014, representing an outstanding share capital of 14,500,000 shares. The participation rate among promoters was significant, with 79.82% of their holdings voted in favor, while public non-institutional participation was lower at 0.06% of their holdings.

Uma Lodha, Proprietor of Uma Lodha & Co., submitted the combined scrutinizer’s report confirming that all resolutions passed with the requisite majority. The report noted zero invalid votes across all categories. Manorama Yadav, Company Secretary and Compliance Officer of Ramgopal Polytex Limited, countersigned the disclosure, which was filed with BSE Limited and The Calcutta Stock Exchange Association Ltd. on August 6, 2026, in adherence to regulatory timelines.