Rushil Decor Limited Reports Q1 FY2026 Results; Announces MD Re-appointment and New Statutory Auditor
Rushil Decor Limited reported its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The company announced that its Board of Directors reviewed and approved these results during a meeting held on August 8, 2026. In related corporate governance updates, the Board also sanctioned the re-appointment of Mr. Rushil K. Thakkar as Managing Director and appointed M/s. Parikh & Majmudar, Chartered Accountants as the Statutory Auditor for a five-year term.The consolidated financial results showed Total Income stand at 2,299.38 in millions for the quarter ended June 30, 2026, compared to 2,345.72 in the previous quarter (March 31, 2026). For the same period, total expenses were reported at 2,273.01 million, resulting in a net profit of 19.83 million for the company.
Financial Performance Highlights
The consolidated statement of unaudited financial results provides a comparison against previous periods:| Particulars | Q Ended June 30, 2026 (Unaudited) | Q Ended March 31, 2026 (Audited) | Q Ended June 30, 2025 (Unaudited) | Q Ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Total Income | 2,299.38 | 2,345.72 | 1,795.99 | 8,677.92 |
| Total Expenses | 2,273.01 | 2,207.75 | 1,981.28 | 8,578.35 |
| Net Profit/(Loss) for the period | 19.83 | 101.20 | (140.69) | 63.83 |
The company's Segment Revenue performance was detailed in the consolidated results, covering Laminates & allied products, Medium Density Fiber Board, and Polyvinyl Chloride Board. For example, Gross sales from Operations for the period ended June 30, 2026, were reported at 2,290.03 million.
Management Appointments and Governance Changes
The company's board meeting addressed several key appointments pertaining to its corporate leadership and auditing structure.Managing Director Re-appointment:
Mr. Rushil K. Thakkar was re-appointed as the Managing Director of Rushil Decor Limited for a further term of three consecutive years, effective from August 13, 2026. This appointment is subject to approval by the members at the ensuing 32nd Annual General Meeting (AGM).
Statutory Auditor Appointment:
The Board approved the appointment of M/s. Parikh & Majmudar, Chartered Accountants, Ahmedabad, as the Statutory Auditor. The appointment covers a five-year term, commencing from the conclusion of the company's 32nd AGM and continuing until the conclusion of the 37th AGM in the calendar year 2031.
The unaudited results were reviewed by the Audit Committee and approved by the Board of Directors on August 8, 2026, adhering to Indian Accounting Standards (Ind AS) specified under Section 133 of the Companies Act, 2013.
RUSHIL Stock Price Movement
Rushil Decor Limited shares slipped by 1.49% on Friday, settling at ₹17.82 after the equity lost ₹0.27 from its previous close. The stock traded within a range of ₹17.51 to ₹18.47 and saw a volume totaling 712,236 shares during the 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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