Rajeswari Infrastructure files unaudited results FY25

What the latest filing says

Rajeswari Infrastructure Ltd. has submitted a statement of unaudited financial results for the quarter and nine months ended December 31, 2024, along with limited review reports from its statutory auditors. The company said the submission is pursuant to Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing covers both consolidated and standalone financial results. The company also referred to earlier letters dated February 06, 2025 and February 13, 2025 in the same context. While the filing references the financial period ended December 31, 2024, the provided text does not include the detailed numbers for that period. What is clear is that the company has positioned the disclosure as a standard SEBI compliance submission with auditor review reports attached.

Sector and classification details in the disclosure

The provided material tags the company under Sector: Real Estate and Industry: Construction - Real Estate. In another identifier line, the stock is shown on BSE with code 526823. It is also marked under “Construction & Contracting” and includes the ISIN: INE016C01014. These identifiers matter for investors because they help locate the correct security and compare results against similarly classified peers. The same results page description says it presents key result items, comparisons with sector peers, and a view of the previous five quarterly results. However, the peer comparison ranges are not shown in the available extract beyond placeholders.

Snapshot: recent quarterly performance shows low income

The extract highlights a “Quarterly Results” snapshot where Total Income is shown at INR 0.00 crore, with EBIT at INR -0.05 crore and PAT at INR -0.08 crore. These values are presented as headline metrics on the results page. A separate line also states the company “reported a net profit of Rs -0,” which appears to align with the loss-making pattern reflected in the quarterly table. The material does not provide additional context such as operational updates, project execution status, or order book details. As a result, the financial snapshot needs to be read mainly as a reporting outcome rather than a business narrative.

Quarterly table: five reported quarters (INR crore)

A quarterly table for five quarters from Mar’23 to Mar’24 is included in the text. It shows net sales turnover at INR 0.00 crore for four consecutive quarters (Jun’23 to Mar’24), with a net sales figure of INR 0.31 crore in Mar’23. Other income appears in Jun’23 (INR 0.06 crore) and Mar’23 (INR 0.32 crore), while it is INR 0.00 crore in the other quarters shown. Total income is INR 0.06 crore in Jun’23 and INR 0.63 crore in Mar’23, but INR 0.00 crore in Sep’23, Dec’23, and Mar’24. Total expenses are shown at INR 0.11 crore in Jun’23 and INR 0.77 crore in Mar’23, and at INR 0.02 crore in Mar’24. Operating profit is negative in Mar’24 and Jun’23 and Mar’23, reflecting losses even in quarters with some income. Reported PAT remains negative for all five quarters shown.

Table: key profit and loss items from the extract

Other SEBI compliance items referenced

The text includes a reference to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2024. It also mentions a certificate confirming dematerialisation compliance for the quarter ended June 30, 2025. Separately, there is an additional disclosure line about unaudited financial results for the quarter ended June 30, 2023, along with a limited review report, filed under Regulation 33. These items indicate recurring compliance updates across results and depository-related filings. The extract does not provide the contents of the demat compliance certificates, only that they were issued or filed.

Board and AGM-related updates mentioned

The material states that the board meeting held on May 26, 2023 approved audited financial results for the quarter and year ended March 31, 2023. It also references an “Upcoming Earnings date” for the company as May 26, 2023, which aligns with the board approval date mentioned. Another line says unaudited (standalone and consolidated) financial results for the quarter ended June 30, 2024, along with limited review reports, were reviewed by the audit committee and approved by the board at meetings held on August 9, 2024. In addition, the extract references unaudited results for the quarter and half-year ended September 30, 2024 with limited review reports.

Resolution plan and voting outcomes cited

Two lines in the text refer to an AGM held on August 19, 2025. One states that the Committee of Creditors (COC) approved a resolution plan (100%) submitted to the NCLT, and that audited FY2024 financials were adopted and an auditor appointed. Another line refers to an adjourned AGM on the same date where financials were adopted and a statutory auditor appointed, with 2,321,514 votes representing 99.99%. The extract does not provide the name of the resolution applicant, timeline for NCLT admission, or any financial terms of the plan. But the presence of a COC and NCLT submission is a material governance development, based on what is explicitly stated.

Market impact: what the numbers and filings signal

The quarterly table provided shows a pattern of very low or nil revenue across several quarters, alongside negative EBIT and negative reported PAT. For investors tracking fundamentals, this kind of pattern typically raises questions around operating continuity and cost control, but the extract does not offer management commentary. The SEBI filings and limited review reports indicate that statutory disclosure processes are being followed for multiple periods, including FY2024-25 interim reporting. The AGM and voting disclosures, and the reference to a resolution plan submitted to NCLT, point to significant corporate developments that can influence how investors assess risk. Without stock price data, volumes, or exchange announcements in the extract, the impact is best interpreted as informational rather than market-reactive.

Conclusion

Rajeswari Infrastructure’s latest disclosure centres on unaudited standalone and consolidated results for the quarter and nine months ended December 31, 2024, filed under SEBI Regulations 33 and 52 with limited review reports. The available quarterly table through March 2024 shows near-zero income and continuing losses in each quarter shown. The text also references multiple compliance filings, board approvals for results, and AGM outcomes including a COC-approved resolution plan submitted to NCLT. The next concrete updates, based on the extract, would come through detailed financial statements attached to the filings and any further NCLT-related disclosures filed with the exchanges.