Nitiraj Engineers Limited Announces Quarterly Results, Approves Auditor Appointments
Nitiraj Engineers Limited reported its unaudited financial results and announced several key appointments following a Board meeting held on August 13, 2026. The company also received regulatory approval for manufacturing an agricultural drone during the quarter.The Board of Directors reviewed and approved the Unaudited Standalone Financial Results for the quarter ended June 30, 2026. Furthermore, two significant appointments were made: M/s Agrawal Kucheriya & Co was appointed as the Internal Auditor for FY 2026-27, and M/s Cheena & Associates was appointed as the Cost Auditor for the same fiscal year.
The Limited Review Report issued by the Statutory Auditors of the company on these financial results confirmed that nothing had come to their attention that suggested a material misstatement in the accompanying statement.
Operational Updates and Business Focus
Nitiraj Engineers Limited is engaged in the manufacturing of industrial electrical equipment and operates as a Remote Pilot Training Organization (RPTO). A major operational milestone was achieved during the quarter, when the company received the Type Certificate from the Directorate General of Civil Aviation (DGCA) for its Unmanned Aircraft System 'NADR10', enabling regulatory approval to manufacture the agricultural drone.The company has assessed that it operates only one reportable segment in accordance with IND AS 108 "Operating Segments," as no substantial income or expenditure was attributable to the RPTO and Unmanned Aircraft System activities during the quarter.
Financial Performance Summary
The unaudited financial results for the quarter ended June 30, 2026, show the company’s performance across various metrics. The figures are presented in lakhs of Rupees (Rs. Lacs).| Particulars | Quarter Ended June 30, 2026 (Unaudited) | March 31, 2026 (Refer Note 4) | June 30, 2025 (Unaudited) | March 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 1,884.26 | 817.76 | 1,053.72 | 4,641.07 |
| Total Income (I) | 1,910.28 | 855.08 | 1,090.06 | 4,789.32 |
| Total Expenses (II) | 1,770.77 | 940.43 | 1,133.14 | 4,648.09 |
| Profit before tax (I-II) | 139.51 | (85.35) | (43.08) | 141.23 |
| Profit for the quarter/year | 102.30 | (63.74) | (32.40) | 106.06 |
The company’s financial status also includes Equity Share Capital and Earnings Per Share (EPS).
| Particulars | Quarter Ended June 30, 2026 | March 31, 2026 | June 30, 2025 | March 31, 2026 |
|---|---|---|---|---|
| Paid up Equity Share Capital (Face value Rs 10/- each.) | 1,025.10 | 1,025.10 | 1,025.10 | 1,025.10 |
| Basic and Diluted earnings per share (INR) | 1.00 | (0.62) | (0.32) | 1.03 |
The results for the quarter ended June 30, 2026, are available on the company’s website. The Trading Window is scheduled to open 48 hours after the declaration of these financial results.
NITIRAJ Stock Price Movement
Today, Nitiraj Engineers Limited shares edged higher to close at ₹215.94, having rallied 3.57% in post-market trading. The stock saw a traded volume of 7,203 shares during the session as it finished considerably above its opening price.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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