Riyaasat Lifestyle Ltd Approves Half-Yearly Results; Appoints New Auditors
Riyaasat Lifestyle Limited announced the approval of its audited financial results for the second half-year and the year ended March 31, 2026. The company also confirmed key appointments in its governance structure, including new internal and secretarial auditors.The Board of Directors held a meeting on July 21, 2026, where the audited financial results and the associated audit report were approved. The management confirmed an unmodified opinion on the financial statements for the period ended March 31, 2026.
Governance and Appointments
Riyaasat Lifestyle Ltd made key announcements regarding its internal oversight structure during the meeting. Mr. Raiesh Kumar was appointed as the Internal Auditor of the company for a term spanning three years, commencing from the financial year 2026-27 to 2028-29.Furthermore, M/s Nirav Shah & Associates, a practicing Company Secretary and peer-reviewed firm, was appointed as the Secretarial Auditor. This appointment is set for a five-year term, starting from FY 2026-27 through 2030-31, subject to approval by the company's shareholders at the ensuing General Meeting.
The company also confirmed that it has no default on its loans and debt securities.
Corporate Status Confirmation
In compliance with regulatory requirements regarding fund raising by issuing debt securities, the company confirmed that it does not qualify as a Large Corporate (LC) as of March 31, 2026. The disclosure provided details outstanding borrowing as of that date at Rs. 41.36 Crores.Financial Performance Overview
The results reflect significant operational activity for Riyaasat Lifestyle Ltd. For the financial year ended March 31, 2026, the company recorded a profit before tax (PBT) stand of 619.49 lakhs. Operating expenses and other financial activities were detailed in the audited statements.Key figures from the consolidated performance review for the half-year and full year are summarized below:
| Particulars | Value at March 31, 2026 | Value at March 31, 2025 |
|---|---|---|
| Profit before Interest and Tax (PBIT) | 77.A lakhs | 568.0 lakhs |
| Cost of Material | 1't 27 lakhs | 155 lakhs |
| Profit Before Interest and Depreciation (PBT) | 619.49 lakhs | 387.1 lakhs |
In terms of liquidity, the company's cash flow statement indicated that net increase in cash and cash equivalents was 33.90 lakhs. The total Cash and Cash Equivalents at the end of the reporting period stood at 12 lakhs.
Stock Price Movement
At the close of trade today, Riyaasat Lifestyle Ltd settled at ₹62.00, sinking 5.99%. The shares saw a wide intraday range, trading between a high of ₹65.95 and a low of ₹59.25.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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