StockWatch
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Other Electrical Equipment
Quarterly Result28 May 2026, 10:13 pm

RTS Power Board Approves FY26 Results; No Dividend Recommended

AI Summary

RTS Power Corporation Ltd.'s Board of Directors approved the Audited Standalone and Consolidated Financial Statements and Results for the quarter and financial year ended March 31, 2026. These results were first reviewed by the Audit Committee. The Board decided to retain the entire profit in reserves to fund the company's expansion and future growth, and therefore, did not recommend any dividend for the financial year ended March 31, 2026, despite the company making a profit. The filing also includes the unmodified audit report from the Statutory Auditors, M/s Jain Shrimal & Co.

Key Highlights

  • Board approved Audited Standalone and Consolidated Financial Results for FY26.
  • Audit Committee reviewed the financial results prior to Board approval.
  • No dividend recommended for FY26; entire profit retained in reserves.
  • Profit retention is for company expansion and future growth initiatives.
  • Statutory Auditors issued an unmodified opinion on the financial results.