RPP Infra Projects Limited reported an 88.1% decline in standalone net profit to ₹7.79 crore for the financial year ended March 31, 2026, primarily due to increased expenses. Revenue from operations rose 3.3% to ₹1,478.77 crore from ₹1,431.55 crore in the previous year, while total expenses increased to ₹1,488.12 crore compared to ₹1,361.21 crore in FY25. For the quarter ended March 31, 2026, the company reported a net loss of ₹16.45 crore, compared to a net profit of ₹12.56 crore in the same period last year.

The Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. M/s. KRSG Associates, Statutory Auditors, issued an unmodified opinion on the financial results. The Board also approved the re-appointment of M/s. KPGS & Associates as Internal Auditors and M/s. Ravichandran Bhagyalakshmi & Associates as Cost Auditors for FY 2026-27, effective May 29, 2026.

Standalone Financial Performance

The company’s standalone financial results for FY26 show a contraction in profitability despite revenue growth. Finance costs for the year increased to ₹15.70 crore from ₹11.53 crore in the previous year. Sub-contractor work bills, a significant expense component, rose to ₹988.41 crore from ₹732.77 crore. The basic earnings per share (EPS) for the year stood at ₹1.57, down from ₹13.20 in FY25.

Consolidated Results

On a consolidated basis, net profit for the year ended March 31, 2026, fell to ₹7.45 crore from ₹65.29 crore in the previous year. Total income from operations increased to ₹1,518.19 crore from ₹1,455.07 crore. The company reported an exceptional item of ₹2.80 crore during the year. For the quarter ended March 31, 2026, the consolidated net loss was ₹13.13 crore.

Corporate Governance Appointments

In addition to the financial results, the Board approved the re-appointment of auditors and other governance measures. M/s. KPGS & Associates were re-appointed as Internal Auditors to comply with Section 138 of the Companies Act 2013. M/s. Ravichandran Bhagyalakshmi & Associates were appointed as Cost Auditors following the expression of unwillingness by the previous auditor, Mr. Rajam Alwan, due to pre-occupation. The Board also approved the enhancement of the limit for material related party transactions with Repplen Projects Private Limited and a postal ballot notice for the regularization of Mr. K Jagannathan as an Independent Director.

RPP Infra Projects Ltd has secured a new work order valued at ₹5.13 crore from the State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT). The contract entails the removal of retrieved hard rock materials at the SIPCOT Industrial Park in Shoolagiri. The order value includes applicable Goods and Services Tax (GST).

The project is designated for a domestic entity and must be executed within 12 months from the date the site is handed over. According to the disclosure, the company is required to take over the site and commence work within 15 days of receiving the work order. The agreement will serve as the foundation for the rights of both parties involved.

Financial terms outlined in the order specify that 50% of the contract price must be remitted within 30 days of the issue of the work order. The remaining balance is to be paid in two installments of 25% each, due in the 6th and 9th months respectively, with 12% simple interest payable to SIPCOT.

Key Contract Details

Additionally, the company is required to furnish a security deposit of ₹25.65 lakh, equivalent to 5% of the contract value. This deposit must be provided via Demand Draft or an Irrevocable Bank Guarantee valid for the contract period plus one year, along with a claim period of three months. The company must also procure insurance for the contract value within 21 days of the work order date.