RAP Corp Limited reported a standalone profit of ₹4,384.55 lakh for the financial year ended March 31, 2026, marking a significant turnaround from the prior year. The company's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during a meeting held on May 28, 2026. The statutory auditors, Jain Vinay & Associates, issued an unmodified opinion on the financial statements.

The return to profitability was primarily driven by a one-time revenue of approximately ₹62 crore generated during FY26 from the sale of a property situated at Agra. The company, which is engaged in real estate development, had initially proposed a commercial project on the Agra property but decided to monetize the asset due to changes in development conditions, zoning, and other commercial considerations affecting project viability. For the quarter ended March 31, 2026, the company recorded a profit of ₹64.37 lakh, compared to ₹32.81 lakh in the corresponding period of the previous year. Total income from operations for the quarter stood at ₹81.23 lakh. For the full year, total income from operations was ₹6,943.78 lakh, driven by revenue from operations of ₹6,783.00 lakh. Total expenses for the year were ₹2,565.01 lakh.

Key Financial Metrics (Standalone)

On a consolidated basis, the company reported a profit of ₹4,382.92 lakh for FY26, compared to a loss of ₹161.79 lakh in the previous year. Basic EPS for the consolidated entity was 74.53 for the year. The company noted that it continues to evaluate opportunities in the real estate sector for effective deployment of funds and expansion of its core business operations.

Business and Investment Updates

The company holds a 49.90% stake in Platinumcorp Value Shelters Private Limited and has extended financial assistance to the entity. Platinumcorp is evaluating redevelopment opportunities in Mumbai and has signed and registered an agreement with two societies in Khar. The project is expected to commence by the end of the current financial year, with an estimated completion time of around five years after demolition.

Regarding its investment in White River Properties LLP, the company reported that the project is at a preliminary stage due to differences among the partners. The LLP holds ownership rights in a land parcel situated at Keshav Nagar, Pune, and discussions are ongoing to achieve an amicable resolution. The auditors highlighted that financial information relating to White River Properties LLP was not made available due to the pending dispute. Consequently, the investment in the LLP has not been accounted for under the equity method, and the consequential impact on the consolidated financial statements has not been determined.

Rap corp Limited has officially relocated its registered office within Mumbai, moving from its previous location to a new address in the same locality. The company announced this corporate development to BSE Limited on April 04, 2026, ensuring compliance with regulatory disclosure requirements.

Office Relocation Details

The Board of Directors approved the registered office shift through a circular resolution, with the change taking effect from April 03, 2026. The relocation involves moving from the previous address to a new location within the same area of Mumbai.

Regulatory Compliance

The announcement was made in accordance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company also referenced SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, demonstrating adherence to the latest regulatory guidelines for such corporate actions.

Company Information

Rap Corp Limited, formerly known as Rap Media Limited, operates under CIN L65990MH1994PLC084098. The notification was signed by Managing Director Rupinder Singh Arora, who holds DIN 00043968. The company maintains its operational presence in Mumbai's Khar West area, with the new registered office located at Arora House providing the official corporate address for all regulatory and business correspondence.