Raunaq International reported a net profit of ₹9.15 lakh for the financial year ended March 31, 2026, a sharp decline from ₹121.94 lakh in the previous year. Revenue from operations rose to ₹3,604.85 lakh for FY26, compared to ₹2,142.55 lakh in FY25, driven primarily by income from the trading of alloy steel for auto components. The company's total expenses for the year stood at ₹3,667.59 lakh, up from ₹2,106.60 lakh in the prior year.

The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026 at its meeting held on May 27, 2026. The statutory auditors, M/s B.R. Maheswari & Co LLP, issued an audit report with an unmodified opinion on the financial results. The meeting commenced at 07:00 P.M. and concluded at 07:50 P.M.

For the quarter ended March 31, 2026, the company reported a net loss of ₹112.61 lakh, compared to a net profit of ₹54.69 lakh in the same quarter of the previous year. Revenue from operations for the quarter decreased to ₹823.78 lakh from ₹1,100.84 lakh in Q4FY25. Total expenses for the quarter increased to ₹948.64 lakh from ₹1,088.18 lakh in the corresponding period last year.

Segment-wise performance indicates that income from the trading of alloy steel for auto components was ₹1,839.33 lakh for FY26, while income from the engineering contracting business was ₹1,765.52 lakh. The engineering contracting segment reported a segment result of ₹4.44 lakh for the year, whereas the trading segment reported a profit of ₹87.10 lakh before other adjustments.

The company's balance sheet as of March 31, 2026, shows total assets of ₹2,506.16 lakh, an increase from ₹2,042.65 lakh in the previous year. Total equity stood at ₹786.21 lakh, while total liabilities increased to ₹1,719.95 lakh from ₹1,268.88 lakh in FY25. Cash and cash equivalents decreased significantly to ₹13.27 lakh from ₹190.43 lakh at the end of the previous financial year.

Financial Results for FY26

Raunaq International Limited's board has approved the re-appointment of Mr. Naresh Kumar Verma as a Non-Executive Director, subject to the approval of shareholders at the ensuing Annual General Meeting. The decision was taken during a board meeting held on May 27, 2026, which also saw the appointment of new auditors and the designation of an internal official to ensure continued governance and compliance.

Mr. Naresh Kumar Verma (DIN: 07087356), aged 66, currently serves as the Corporate Business Head in Bharat Gears Limited. His re-appointment is necessary as his present tenure is set to expire at the upcoming Annual General Meeting. If approved by members, his term will extend until the conclusion of the 62nd Annual General Meeting in the calendar year 2027. The board affirmed that he is not debarred from holding the office of director by any order of SEBI or other authorities.

In a move to strengthen its audit framework, the board appointed M/s Ankita S. Jain & Co., Company Secretaries, as Secretarial Auditors for a period of five consecutive years. This tenure is effective from Financial Year 2026-27 up to Financial Year 2030-31, subject to shareholder approval. The firm, based in Jhansi with a branch in New Delhi, brings expertise in corporate advisory, certification, and audit services.

Furthermore, Ms. Neha Patwal, the Company Secretary and CFO of Raunaq International Limited, was designated as the Internal Auditor of the company for Financial Year 2026-27. The board meeting, which commenced at 07:00 P.M. and concluded at 07:50 P.M., addressed these key governance matters in compliance with SEBI regulations.

The following table summarizes the key appointments approved by the board: