RKEC Projects (RKEC) — Board Meeting

📢 Key Event
Board approved Q3 FY2026 unaudited financial results and contingent liabilities

🔄 What Changed
Net loss of ₹1729.81 lakhs; contingent tax liability of ₹20 crore; recoverable bank guarantees of ₹29.87 crore

💡 Investor Takeaway
The company faces a net loss but has recoverable amounts from a terminated contract that may offset future cash pressures.

RKEC announced Q3 FY2026 unaudited results showing a net loss of ₹1729.81 lakhs, driven by a ₹2376.38 lakhs loss before tax and a ₹646.57 lakhs tax expense. The board approved contingent tax liability of ₹20 crore and recognized ₹29.87 crore recoverable bank guarantees from a terminated Radio Jetty contract. A limited review confirmed no material misstatements, though no internal audit was provided.

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About RKEC Projects Limited (RKEC)

Construction · Infrastructure Developers & Operators · Listed on NSE

ROE: -29.3% ROCE: -13.3%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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