Rajdarshan Industries Reappoints Devendra Sharma as CEO & Managing Director for Another 5-Year Term

1 min read     Updated on 04 Sept 2025, 07:29 PM
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Overview

Rajdarshan Industries Limited's Board of Directors has approved the reappointment of Mr. Devendra Sharma as CEO and Managing Director for another five-year term, starting February 1, 2026. The decision, made on September 4, 2025, is subject to shareholder approval at the upcoming 44th Annual General Meeting on September 30, 2025. Sharma, who holds a Master's degree in Commerce, has been crucial in formulating business strategies, driving expansion, and mentoring leadership. The company confirmed Sharma's eligibility to hold directorship in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Rajdarshan Industries Limited (RIL) has announced the reappointment of Mr. Devendra Sharma as the company's CEO and Managing Director for another five-year term, subject to shareholder approval. This decision, made by the Board of Directors on September 4, 2025, comes as a strong vote of confidence in Sharma's leadership and vision for the company's future.

Board Approval and Shareholder Vote

The Board of Directors, acting on recommendations from the Nomination & Remuneration Committee, approved Sharma's reappointment for a term beginning February 1, 2026. This decision will be put to a vote at the upcoming 44th Annual General Meeting (AGM) scheduled for September 30, 2025, where shareholders will have the final say through a Special Resolution.

Sharma's Credentials and Contributions

Mr. Devendra Sharma, who holds a Master's degree in Commerce with a specialization in Business and Administration, has been a key figure in Rajdarshan Industries' leadership for several years. His tenure has been marked by significant contributions to the company's growth and overall performance.

Strategic Impact on Rajdarshan Industries

During his time at the helm, Sharma has been instrumental in:

  • Formulating and implementing crucial business strategies
  • Driving the company's expansion and diversification plans
  • Actively mentoring the leadership team
  • Guiding various aspects of operations, business development, and long-term planning

Regulatory Compliance and Disclosure

In compliance with SEBI regulations, Rajdarshan Industries has confirmed that Mr. Sharma is not debarred from holding directorship in any listed company by SEBI or any other authority. This reappointment aligns with the company's commitment to maintaining strong and consistent leadership.

Looking Ahead

The proposed reappointment of Mr. Devendra Sharma signals Rajdarshan Industries' intent to maintain continuity in its leadership and strategic direction. As the company moves forward, stakeholders will be watching closely to see how Sharma's continued leadership will shape the next phase of Rajdarshan Industries' growth and market position.

The final decision now rests with the shareholders, who will have the opportunity to vote on this reappointment at the upcoming AGM, potentially charting the course for Rajdarshan Industries' leadership until 2031.

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Rajdarshan Industries Reports ₹24.44 Lakh Net Profit in Q1 FY2026

2 min read     Updated on 14 Aug 2025, 08:09 PM
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Radhika SahaniScanX News Team
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Overview

Rajdarshan Industries Limited announced its Q1 FY2026 results, reporting a net profit of ₹24.44 lakh, down 38.41% from ₹39.68 lakh in Q1 FY2025. Revenue from operations decreased by 73.15% to ₹30.12 lakh. Total income fell 58.42% to ₹65.61 lakh. EPS declined to ₹0.79 from ₹1.28. Despite profit decline, the company reported a total comprehensive income of ₹97.68 lakh. On a consolidated basis, net profit was ₹24.24 lakh with total comprehensive income at ₹97.48 lakh. The board approved these unaudited results on August 14, 2025.

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Rajdarshan Industries Limited, a prominent player in the industrial sector, has announced its financial results for the first quarter of the fiscal year 2026, showcasing a mixed performance compared to the same period last year.

Financial Highlights

The company reported a net profit of ₹24.44 lakh for the quarter ended June 30, 2025, marking a decrease from ₹39.68 lakh in the corresponding quarter of the previous year. This represents a year-over-year decline of approximately 38.41% in net profit.

Revenue from operations saw a significant drop, declining to ₹30.12 lakh from ₹112.18 lakh in the same quarter last year, reflecting a decrease of about 73.15%. The total income for the quarter stood at ₹65.61 lakh, down from ₹157.78 lakh in the previous year's quarter, indicating a reduction of 58.42%.

Earnings Per Share and Comprehensive Income

The company's earnings per share (EPS) for the quarter were ₹0.79, compared to ₹1.28 in the corresponding quarter last year, showing a decrease in line with the reduced net profit.

Despite the decline in net profit and revenue, Rajdarshan Industries reported a total comprehensive income of ₹97.68 lakh for the quarter. This figure includes other comprehensive income items that are not reclassified to profit or loss.

Board Approval and Audit Review

The board of directors approved both standalone and consolidated unaudited financial results during a meeting held on August 14, 2025. These results have been subject to a limited review by the company's statutory auditors, as per regulatory requirements.

Consolidated Results

On a consolidated basis, which includes the performance of its associate company Rupal Holdings Private Limited, Rajdarshan Industries reported a slightly lower net profit of ₹24.24 lakh. The total comprehensive income on a consolidated basis stood at ₹97.48 lakh for the quarter.

Financial Performance Overview

Metric Q1 FY2026 Q1 FY2025 YoY Change
Net Profit ₹24.44 lakh ₹39.68 lakh -38.41%
Revenue from Operations ₹30.12 lakh ₹112.18 lakh -73.15%
Total Income ₹65.61 lakh ₹157.78 lakh -58.42%
Earnings Per Share ₹0.79 ₹1.28 -38.28%
Total Comprehensive Income ₹97.68 lakh - -

Market Implications

The decrease in revenue and profit may raise concerns among investors about the company's performance in the current economic environment. However, the positive total comprehensive income suggests that there might be unrealized gains or other factors contributing to the company's overall financial position.

Investors and analysts will likely be watching closely to see how Rajdarshan Industries adapts its strategies to improve its operational performance in the coming quarters, especially in light of the significant revenue decline.

Note: All figures are in Indian Rupees (₹) and are based on the unaudited financial results for the quarter ended June 30, 2025, as approved by the company's board of directors.

Historical Stock Returns for Rajdarshan Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.06%-0.32%-0.79%+3.75%-5.65%+302.00%
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