RR MetalMakers India Limited announced its audited financial results for the financial year ended March 31, 2026. The company reported a net loss of ₹67.21 lakh for the full year, a significant reversal from the net profit of ₹167.65 lakh recorded in the previous fiscal year. Revenue from operations for FY26 stood at ₹8,689.06 lakh, a sharp increase compared to ₹5,197.09 lakh in FY25.

Financial Performance Overview

For the quarter ended March 31, 2026, the company reported a net profit of ₹220.77 lakh, a turnaround from the net loss of ₹380.88 lakh in the preceding quarter ended December 31, 2025. Total revenue for Q4 FY26 was ₹3,082.02 lakh. The company's basic earnings per share (EPS) for the full year was recorded at (₹0.75), compared to ₹1.86 in the previous year.

Key Financial Metrics

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

Audit Qualification

The statutory auditors, M. A. Chavan & Co., issued a qualified opinion on the financial results. The qualification relates to the recognition of revenue for export sales amounting to ₹1,354.70 lakh to Samaira International Limited and ₹275.52 lakh to Grandmark Global PTE Ltd. The auditors noted that goods for these sales had not been transferred to the customers as of the audit report date, leading to an overstatement of revenue from operations and trade receivables. Consequently, the adjusted net loss for the year, after accounting for the qualification, would be ₹456.04 lakh.

Operational Highlights

The board approved the Standalone Annual Audited Financial Statements and the Standalone Audited Financial Results for the quarter and year ended March 31, 2026. The company noted that it had entered into an MOU for the disposal of its Gujarat plant during the year, with the process expected to be completed by June 2026. Exceptional items for the year included net sale proceeds of ₹202.71 lakh realized from the disposal of machineries at the Gujarat plant.

RR MetalMakers India Limited has successfully completed the divestment of its manufacturing facility in Gujarat, marking a significant corporate restructuring move. The company announced the completion of the sale on April 17, 2026, through a regulatory filing to BSE Limited.

Transaction Details

The sale was finalized on April 16, 2026, with Ojas Ecopower Limited as the buyer. The transaction follows a structured timeline that began with the initial announcement and culminated in the successful completion of the asset transfer.

Financial Impact and Unit Performance

The Gujarat unit's contribution to RR MetalMakers' overall business operations provides insight into the transaction's financial implications. Based on standalone figures as of March 31, 2025, the unit represented a specific portion of the company's total operations.

The Gujarat unit generated a turnover of ₹3.52 crores, contributing 6.70% to the company's total standalone turnover of ₹52.50 crores. However, the unit recorded a negative net worth of ₹5.30 crores, making percentage contribution to overall net worth non-applicable.

Regulatory Compliance and Approvals

The transaction adhered to all regulatory requirements under SEBI regulations. Key compliance aspects include:

• Shareholder Approval: Obtained at Extraordinary General Meeting on March 27, 2025
• Regulatory Framework: Compliant with Regulation 37A of LODR Regulations
• Transaction Nature: Outside Scheme of Arrangement
• Related Party Status: Not a related party transaction

Buyer Information

Ojas Ecopower Limited, the acquiring entity, operates from Flat No. 23, 3rd Floor, Sarthik Complex, Satellite Road, Near Iscon Mega Mall, Ahmedabad, Gujarat 380015. The company confirmed that the buyer does not belong to the promoter or promoter group, ensuring the transaction's arm's length nature.

The completion of this divestment represents RR MetalMakers' strategic decision to optimize its asset portfolio and focus resources on core business operations.