Revathi Equipment India Limited has resubmitted its audited financial results for the quarter and year ended March 31, 2026, following the discovery that the initial filing was not in a machine-readable format and inadvertently omitted details for the quarter ended December 31, 2025. The resubmission was made to the BSE and NSE on May 30, 2026. The company clarified that apart from the inclusion of the omitted preceding quarter details, there is no change in the financial results already approved by the Board on May 22, 2026. The statutory auditors, M/s. S S Kothari Mehta and Co. LLP, issued an unmodified opinion on the results.

Financial Performance

For the financial year ended March 31, 2026, the company reported a standalone net profit of ₹13.37 crore, a decline from ₹20.18 crore in the corresponding period of the previous year. Total income for the year stood at ₹152.80 crore, down from ₹188.84 crore in FY25. Revenue from operations decreased to ₹139.44 crore from ₹178.53 crore in the previous year. The company noted that the financial results include the impact of new labour codes, which resulted in a one-time increase in provision for employee benefits of ₹25 lakh, presented as an exceptional item.

In the quarter ended March 31, 2026, the standalone net profit was ₹14.10 crore, compared to ₹9.34 crore in the same quarter of the previous year. Revenue from operations for the quarter was ₹64.14 crore, slightly lower than the ₹64.50 crore recorded in the prior year. For the omitted quarter ended December 31, 2025, the company reported a net loss of ₹1.68 crore on a total income of ₹34.08 crore.

Consolidated Results

On a consolidated basis, the net profit for FY26 was ₹13.84 crore, compared to ₹20.18 crore in the previous year. Total consolidated income for the year was ₹156.29 crore, a decrease from ₹188.84 crore in FY25. For the quarter ended March 31, 2026, the consolidated net profit stood at ₹14.25 crore, while total income was ₹67.12 crore. The consolidated results include the financial information of two wholly-owned or controlled Limited Liability Partnerships: Revathi Drilling Solutions LLP and Global Essential Mining Supplies LLP.

Key Financial Metrics

The following table summarizes the standalone financial performance for the year ended March 31, 2026:

Dividend Declaration

The Board of Directors has not recommended any dividend for the financial year 2025-2026.

Revathi Equipment India Limited has announced the re-appointment of its statutory auditors for the financial year 2026-2027. The decisions were taken by the Board of Directors during a meeting held on May 22, 2026, following the recommendations of the Audit Committee.

Cost Auditor Re-appointment

The Board has re-appointed M/s. P. Mohankumar & Co, Cost Accountants, as the Cost Auditor of the Company for FY 2026-2027. The firm holds a Firm Registration Number of 100490. This appointment is in compliance with Section 141 and Section 148 of the Companies Act, 2013, and the Companies (Cost Records and Audit) Rules, 2014.

The remuneration payable to the Cost Auditor will be placed before the shareholders for ratification at the ensuing Annual General Meeting. M/s. P. Mohan Kumar & Co is a sole proprietorship firm established in 2004, with Mr. P. Mohan Kumar possessing over 25 years of experience as a Cost Accountant.

Internal Auditor Appointment

In a separate development, the Board appointed M/s Karthikeyan & Jayaram Chartered Accountants as the Internal Auditors of the Company for the financial year 2026-2027. This appointment complies with Section 138 of the Companies Act, 2013, and the Companies (Accounts) Rules, 2014.

M/s Karthikeyan & Jayaram is a firm with roots tracing back to 1974 and offers services in audit, assurance, risk advisory, and taxation. The firm comprises 6 partners and over 97 staff members.

Auditor Appointment Details