RACL Geartech Ltd Announces Financial Results and Reappoints Chairman & Managing Director
RACL Geartech Limited released its un-audited financial results for the quarter ended June 30, 2026. The company's Board of Directors also approved the appointment of Mr. Gursharan Singh as the new Chairman & Managing Director, while planning the logistics for the forthcoming Annual General Meeting (AGM).During the board meeting held on August 7, 2026, the directors reviewed and sanctioned several key operational outcomes. In addition to approving the un-audited financial results (both standalone and consolidated), the Board formally reappointed Mr. Gursharan Singh as 'Chairman & Managing Director' of the company.
The company also announced that its 43rd Annual General Meeting will be held on Monday, September 14, 2026, via Video Conferencing or other Audio-Visual Means. Furthermore, RACL Geartech Limited set the period from September 6, 2026, to September 13, 2026, as the time for closing the register of members and share transfer books in preparation for the AGM.
Q2 FY26 Standalone Financial Highlights
The Statement of Unaudited Standalone Financial Results for the quarter ended June 30, 2026, showed various figures across different periods. The key performance indicators (in Rs. in Crore except EPS) are summarized below:| Particulars | Quarter Ended 30.06.2026 (Unaudited) | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 30.06.2025 (Unaudited) | Financial Year Ended 31.03.2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 127.82 | 135.41 | 107.96 | 500.22 |
| Total Income (I+II) | 35.68 | 31.33 | 36.00 | 136.04 |
| Total Expense (IV) | 16.66 | 16.33 | 11.25 | 63.36 |
| Profit/(Loss) before tax (V-VI) | 8.77 | 11.59 | 8.29 | 46.56 |
Geographical Segmenting of Operations
RACL Geartech Limited structures its operations into two geographical segments based on the activities: India and Outside India, recognizing the similarity of products, risk, reward structure, and organization structure.The revenue from customers for the quarter ended June 30, 2026, was distributed as follows across various regions (in Rs. in Crore):
| Revenue from Customers | For the Quarter Ended 30th June | For the Year Ended March 2026 |
|---|---|---|
| Within India | 45.37 | 110.20 |
| Austria | 29.38 | 131.86 |
| Japan | 3.47 | 18.98 |
| Germany | 38.69 | 156.49 |
| Switzerland | 0.07 | 1.77 |
| Italy | 7.26 | 19.12 |
| Thailand | 0.26 | — |
| USA/Mexico | 1.51 | 4.16 |
| China | — | 1.27 |
| Canada | 1.33 | 2.46 |
| Slovakia | 0.28 | — |
| Total Outside India | 82.26 | 336.11 |
Consolidated Group Results
The unaudited consolidated financial results for the quarter ended June 30, 2026, covered RACL Geartech Limited and its subsidiary, RACL Geartech GmbH. The interim financial information of the subsidiary reflected the Group's share of total revenues of Rs. 8.19 crores and the Group's share of total net profit after tax of Rs. 3.11 crores for the period from April 1 to June 30, 2026.Management Appointment Details
Regarding the reappointment of Mr. Gursharan Singh (DIN: 00057602), details provided in Annexure-1 state that his appointment will be effective from August 23, 2027, to August 22, 2032. Mr. Singh is noted as a Mechanical Engineer holding a Post Graduate Diploma in Export Management, with over 45 years of experience in the industry. He is also mentioned to be related to Mrs. Narinder Paul Kaur.RACLGEAR Stock Price Movement
On Friday, shares of RACL Geartech Limited slipped by 0.14%, shedding ₹2.00 to settle at a close price of ₹1482.7. The equity saw trading activity totaling 77,550 shares during the previous day's session.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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