Raghunath Tobacco Company Limited appointed Pooja Agrawal as an Additional Director (Non-Executive, Independent) effective September 1, 2026. The Board also approved the convening of its Annual General Meeting (AGM) for September 30, 2026.

The Board meeting was held on September 1, 2026. Directors approved the Board’s Report and financial statements for the fiscal year ended March 31, 2026, to be placed before shareholders at the AGM.

Director Appointment

Agrawal’s appointment follows recommendations from the Nomination and Remuneration Committee. Her initial term is five years, ending on August 31, 2031. Shareholder approval is required within three months of the appointment date to confirm the position.

Agrawal is a Qualified Company Secretary and an associate member of the Institute of Company Secretaries of India. She holds a bachelor’s degree in commerce and a master’s degree in commerce in Accounts and Law. She brings over five years of experience in compliance, secretarial, legal, and regulatory affairs.

The company confirmed that Agrawal meets independence criteria under the Companies Act, 2013 and SEBI Listing Regulations. She has no relationship with existing directors.

AGM Schedule

The Board approved National Securities Depository Limited (NSDL) as the E-Voting Agency for the AGM. Remote e-voting will be available from September 27 to September 29, 2026.

Shareholders must be on record as of the cut-off date to participate in voting or attend the meeting.

RTCL Limited reported a standalone net profit of ₹17.96 lakh for the first quarter of FY27, an increase from ₹12.41 lakh in the corresponding period of FY26. The company’s consolidated net profit rose to ₹21.16 lakh from ₹12.49 lakh in the previous year’s quarter. The improvement in profitability was primarily driven by higher other income, which stood at ₹45.46 lakh, offsetting a decline in operational revenue from its real estate development segment.

The Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, during a meeting held on August 11, 2026. The results were reviewed by the Audit Committee and accompanied by a limited review report from statutory auditors V V G & Co. The filing was made pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Revenue from operations for the standalone entity was nil for the current quarter, compared to nil in the prior quarter and ₹104.88 lakh in Q1FY25. However, total income reached ₹45.46 lakh, largely due to other income. Total expenses decreased to ₹22.01 lakh from ₹27.20 lakh in the preceding quarter. Profit before tax stood at ₹23.45 lakh, down from ₹24.50 lakh in the previous quarter but significantly higher than the ₹123.04 lakh reported in Q1FY25, which included substantial operational revenue.

Earnings per share (EPS) for continuing operations were ₹0.15 basic and diluted for the standalone results, compared to ₹0.10 in the previous quarter. Consolidated EPS stood at ₹0.18 basic.

Segment Analysis

The company operates in multiple segments, with Real Estate Development being the primary reporting segment. Standalone segment revenue from real estate development was ₹15.20 lakh, a slight increase from ₹15.06 lakh in the previous quarter but a sharp decline from ₹119.94 lakh in Q1FY25. The segment reported a loss of ₹2.03 lakh, improving from a loss of ₹7.49 lakh in the prior quarter and contrasting with a profit of ₹98.91 lakh in Q1FY25.

Interest income contributed significantly to the bottom line, totaling ₹30.27 lakh in the standalone statement. Capital employed in the real estate segment remained stable at ₹440.32 lakh. The consolidated capital employed increased to ₹4,533.27 lakh from ₹4,512.11 lakh in the previous quarter.

Auditor Observations

Statutory auditors V V G & Co noted a departure from Ind AS 109 "Financial Instruments." The company recognized non-current investments in equity shares at cost rather than fair value through profit and loss or other comprehensive income. Consequently, the impact on deferred tax and other comprehensive income could not be ascertained. The auditors also highlighted that two associates, Raghunath Builders Private Limited and P.J. Software Private Limited, were included in the consolidated results based on management-furnished data, as their interim statements were not audited. These associates contributed ₹3.20 lakh to the consolidated profit.