R M Drip Board Approves Audited FY26 Results, Recommends 3% Dividend
R M Drip Board approved audited FY26 financial results, recommending a 3% dividend for FY25-26, subject to shareholder approval at the AGM. The company re-appointed SHARPS & CO. as Internal Auditors for FY25-26. Standalone FY26 revenue was ₹19,742.39 lakhs, with a profit after tax of ₹3,521.54 lakhs.
The recommendation of a dividend and the approval of audited financial results are material events for shareholders, warranting a medium impact.
The company reported positive financial results and recommended a dividend, which are generally viewed favorably by investors.
R M Drip and Sprinklers Systems Limited announced the outcome of its Board Meeting held on May 30, 2026. The Board approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The auditors' report, issued by M/s SHARPS & CO. Chartered Accountants, carried an unmodified opinion on these results.
Additionally, the Board recommended a dividend of 3% for the Financial Year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The company also re-appointed M/s SHARPS & CO. as the Internal Auditor for the financial year 2025-26. The trading window for designated persons will open 48 hours after the declaration of financial results.
The company reported standalone revenue from operations of ₹6,112.44 lakhs for the quarter ended March 31, 2026, and ₹19,742.39 lakhs for the full financial year. Profit after tax for the standalone entity for the year was ₹3,521.54 lakhs. The consolidated revenue from operations for the quarter was ₹6,108.30 lakhs, and for the year, it was ₹19,738.25 lakhs, with a profit after tax of ₹3,521.54 lakhs for the year.
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R M Drip and Sprinklers Systems Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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