Rico Auto Industries Annual General Meeting
Rico Auto held its 43rd AGM on 8 Sep 2026, approving FY26 financials, a 55% dividend (Re.0.55/share), and director re-appointment. The Chairman highlighted electrification focus and industry growth.
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Rico Auto held its 43rd AGM on 8 Sep 2026, approving FY26 financials, a 55% dividend (Re.0.55/share), and director re-appointment. The Chairman highlighted electrification focus and industry growth.
Q1FY27 revenue grew 39% YoY to ₹755 Cr, but profitability was hit by high air freight and raw material lag. Management remains confident in hitting ₹3,250 Cr revenue for FY27 with margin recovery.
Revenue grew 39% to ₹755 Cr, but net profit swung to a loss due to massive ₹24 Cr air freight and sorting costs caused by Red Sea supply chain disruptions.
Rico Auto reported Q1FY27 revenue of ₹755.1 Cr, up 39% YoY. However, it incurred a net loss of ₹3.4 Cr due to temporary elevated air freight and raw material price lag.
Rico Auto Industries Ltd reported revenue from operations of ₹755.1 Cr (+38.9% YoY) and a net loss of ₹3.4 Cr for Q1 FY27.
Rico Auto reported its highest ever annual revenue of ₹2,477 crores for FY26, driven by strong demand in passenger vehicles and exports. Focus is on improving margins through customer renegotiations and scaling railway/defense segments.
Rico Auto achieved record FY26 revenue of ₹2,477cr despite margin pressure from one-time labor costs and raw material settlement lags.
Rico Auto reported strong FY26 performance with Revenue up 12% YoY to ₹2,478 Cr and PAT up 173% to ₹52.4 Cr. Focus is on Hybrid and EV segments.
Rico Auto Industries Ltd reported revenue from operations of ₹677.5 Cr (+24.2% YoY) and net profit of ₹6.9 Cr (-6.8% YoY) for Q4 FY26.