Rox Hi-Tech revises FY26 results, corrects clerical errors

2 min read Updated on 30 May 2026, 09:17 PM

Reviewed by

Naman SScanX News Team

AI Summary

Rox Hi-Tech Limited filed a corrigendum on May 29, 2026, to correct clerical inaccuracies in its FY26 financial results, which were initially approved by the Board on May 28, 2026. The company reported a standalone net profit of ₹1,763.94 lakh on revenue of ₹21,063.30 lakh, while consolidated net profit stood at ₹1,624.35 lakh. The Board recommended a final dividend of Re. 1 per share and approved the re-appointment of Mr. Jim Rakesh and Mrs. Sukanya Rakesh as directors.

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Rox Hi-Tech Limited filed a corrigendum to its audited financial results for the financial year ended March 31, 2026, on May 29, 2026. The company identified clerical, typographical, and formatting inaccuracies in its initial submission made on May 28, 2026. The revisions do not have a material impact on key financial parameters such as revenue from operations, profit, or earnings per share.

The Board of Directors approved the audited standalone and consolidated financial results in its meeting held on May 28, 2026. The statutory auditors, M/s. Krishaan & Co., provided an unmodified opinion on the annual financial results. The company’s standalone net profit for FY26 stood at ₹1,763.94 lakh, compared to ₹1,931.78 lakh in the previous year. Revenue from operations rose to ₹21,063.30 lakh from ₹18,650.68 lakh in FY25, driven by higher business activity.

Financial Performance

The company’s earnings per share (EPS) for the year stood at ₹7.72, down from ₹9.30 in the previous year. The profit before tax for FY26 was ₹2,225.97 lakh, a decrease from ₹2,554.79 lakh in FY25. Total expenses for the year increased to ₹18,837.33 lakh from ₹16,364.19 lakh in the prior year, primarily due to higher material costs and employee benefit expenses.

Particulars	Year Ended March 31, 2026 (₹ in Lakhs)	Year Ended March 31, 2025 (₹ in Lakhs)
Revenue from Operations	20,792.43	18,650.68
Total Revenue	21,063.30	18,918.98
Total Expenses	18,837.33	16,364.19
Profit Before Tax	2,225.97	2,554.79
Net Profit	1,763.94	1,931.78
Basic EPS (₹)	7.72	9.30

Board Decisions and Appointments

The Board recommended a final dividend of Re. 1 per equity share, having a face value of ₹10 each, for the financial year ended March 31, 2026. This dividend is subject to the approval of shareholders at the ensuing Annual General Meeting.

Additionally, the Board approved the re-appointment of Mr. Jim Rakesh as Managing Director and Mrs. Sukanya Rakesh as Whole-time Director for a further term of five years, effective from April 24, 2026, subject to shareholder approval. The company also appointed M/s. Sundaram & Subramaniam LLP as the Internal Auditor for the financial year 2026-27.

Capital Allocation and Compliance

The company disclosed that it had fully utilized the proceeds of ₹3.74 crore raised from the preferential issue of convertible warrants on October 29, 2025, for working capital requirements. The statutory auditor certified that there was no deviation in the utilization of these issue proceeds for the year ended March 31, 2026.

The consolidated financial results for the Group, which includes subsidiaries such as Rox Hi-Tech Pte Limited and Rox Hi-Tech – Mauritius, reported a net profit of ₹1,624.35 lakh for FY26, compared to ₹1,993.27 lakh in the previous year. The auditors noted that they did not audit the financial statements of one subsidiary with total assets of ₹23.53 lakh, relying on the reports of other auditors.

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