Ritesh International pays ₹10 lakh advance tax installment

0 min read     Updated on 08 Jul 2026, 02:03 PM
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Ritesh International Limited deposited ₹10 lakh as an advance tax installment on July 8, 2026, as per a regulatory filing.

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Ritesh International has deposited ₹10,00,000 as an installment of advance tax. The payment was made on July 8, 2026, in compliance with Regulation 30 and other applicable regulations.

The disclosure was filed with BSE Limited. Rijul Arora, Whole-time Director, confirmed the transaction in the regulatory filing.

Detail Information
Amount Paid ₹10,00,000
Payment Date July 8, 2026
Purpose Advance Tax Installment

Historical Stock Returns for Ritesh International

1 Day5 Days1 Month6 Months1 Year5 Years
-1.05%-3.82%+26.79%-6.00%+76.17%+67.33%

How does this advance tax payment compare to the company's tax liabilities in the previous fiscal year?

What does this payment indicate about Ritesh International's projected profitability for the current financial year?

Are there expected changes in the company's capital expenditure or operational costs following this tax installment?

Ritesh International FY26 net profit rises 11% to ₹367.67 lakh

2 min read     Updated on 26 May 2026, 11:19 PM
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Ashish TScanX News Team
AI Summary

Ritesh International Limited reported an 11% rise in FY26 net profit to ₹367.67 lakh, supported by a 29.5% increase in revenue from operations to ₹16,700.07 lakh. The board approved the audited results on May 21, 2026, and the statutory auditor confirmed full utilization of preferential issue proceeds for debt repayment. The financial results were published in newspapers on May 23, 2026, pursuant to SEBI regulations.

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Ritesh International Limited reported an 11% increase in net profit to ₹367.67 lakh for the fiscal year ended March 31, 2026, compared to ₹329.96 lakh in the previous year. Revenue from operations for FY26 stood at ₹16,700.07 lakh, up from ₹12,898.07 lakh in FY25. The board approved the standalone audited financial results for the quarter and year ended March 31, 2026, during its meeting held on May 21, 2026.

Financial Performance

The company's total revenue for the year reached ₹16,710.72 lakh, while total expenses were reported at ₹16,156.63 lakh. Profit before tax for the year was ₹505.67 lakh, with a net tax expense of ₹138.00 lakh. Earnings per equity share (basic and diluted) for the year were ₹4.23, compared to ₹3.86 in the previous year.

For the quarter ended March 31, 2026, the company reported a net profit of ₹105.12 lakh. Revenue from operations for the quarter was ₹4,874.95 lakh, and total expenses stood at ₹4,707.35 lakh.

Metric FY26 (₹ Lakh) FY25 (₹ Lakh)
Revenue from Operations 16,700.07 12,898.07
Total Revenue 16,710.72 12,912.48
Total Expenses 16,156.63 12,475.78
Profit Before Tax 505.67 422.96
Net Profit 367.67 329.96
Earnings Per Share (Basic) 4.23 3.86

Capital and Fund Utilization

The paid-up equity share capital of the company increased to ₹937.28 lakh as of March 31, 2026, from ₹855.28 lakh in the previous year. Reserves excluding revaluation reserve stood at ₹1,959.33 lakh.

The board provided an update on the preferential issue conducted on January 30, 2026. The company raised ₹379.086 lakh through the issue. The statutory auditor, M/s Ashok Shashi & Co, certified that the issuance proceeds have been fully utilized for the objects of the issue, specifically for the reduction or repayment of credit facilities availed by the company. There was no deviation or variation in the utilization of the funds.

Regulatory Disclosures

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted a copy of the newspaper publication for the financial results to BSE Limited. The results were published in "Desh Sewak" and "Financial Express" on May 23, 2026. The filing was signed by Rijul Arora, Whole-time Director, on May 26, 2026.

Auditor's Report

M/s Ashok Shashi & Co, Statutory Auditors, issued an unmodified opinion on the standalone financial results for the quarter and year ended March 31, 2026. The audit confirmed that the results are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and give a true and fair view of the company's financial performance.

Historical Stock Returns for Ritesh International

1 Day5 Days1 Month6 Months1 Year5 Years
-1.05%-3.82%+26.79%-6.00%+76.17%+67.33%

How will the reduction in credit facilities impact the company's interest costs and financial flexibility in FY27?

What are the company's strategic growth plans following the significant 29% year-over-year revenue increase?

Does the company anticipate maintaining current profit margins given the rise in total expenses?

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