Rungta Irrigation Limited has cancelled its board meeting originally scheduled for June 12, 2026, due to unavoidable circumstances. The company communicated this decision to BSE Limited, citing the need to revise the schedule. The cancellation impacts the meeting intended to be held under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) 2015.

The company stated that it will inform the stock exchanges about the revised date of the board meeting in due course. This announcement will be made in compliance with the timelines prescribed under the applicable regulations. The initial intimation regarding the June 12 meeting was made on June 9, 2026.

Key Details

The communication was signed by Rekha Rathore, Company Secretary cum Compliance Officer of Rungta Irrigation Limited. The company's registered office is located in New Delhi, and its shares are listed on BSE with scrip code 530449.

Rungta Irrigation Limited reported a net profit of ₹549.28 lakh for the financial year ended March 31, 2026, a decline of 11.7% from ₹622.38 lakh in the previous fiscal year. Revenue from operations for the year stood at ₹18,117.63 lakh, compared to ₹21,934.92 lakh in FY25. The Board of Directors approved the audited standalone financial results during a meeting held on May 25, 2026. The company subsequently published these results in newspapers on May 27, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

For the quarter ended March 31, 2026, the company recorded a net profit of ₹233.69 lakh, a significant increase from ₹61.28 lakh in the corresponding period of the previous year. Total revenue for the quarter was ₹5,440.67 lakh. The statutory auditors, M/s. Mamraj & Co., issued an unmodified opinion on the annual audited financial results.

Financial Performance

The company's total expenses for the year decreased to ₹17,657.11 lakh from ₹21,253.52 lakh in the previous year. Profit before tax for the year was ₹728.65 lakh, compared to ₹881.97 lakh in FY25. The paid-up equity share capital as of March 31, 2026, was ₹1,992.18 lakh. Basic and diluted earnings per share for the year were reported at ₹2.76, down from ₹3.12 in the prior year.

Key Financial Metrics (Year Ended Mar 31, 2026)

Board Decisions

Alongside the financial results, the board approved the re-appointment of Mr. Sudhindra Seth as the Internal Auditor for the financial year 2026-27. The board also re-appointed M/s. S. Shekhar & Co., Cost Accountants, as the Cost Auditors for the financial year 2026-27 and ratified their remuneration. Furthermore, the board recommended the appointment of M/s. Shivam Grover and Associates as the Secretarial Auditor for a term of five consecutive years from Financial Year 2026-27 to 2030-31, subject to shareholder approval at the ensuing Annual General Meeting.