Approval of unaudited financial results for quarter and half year ended September 30, 2025
Awaiting price reaction for this filing.
Rathi Graphic Technologies reported zero revenue from operations for Q2 FY26 (ended Sep 30, 2025) as well as for H1 FY26 combined, because manufacturing of toner and related products remains temporarily shut following the company's long-running Corporate Insolvency Resolution Process (CIRP). The company posted a loss of Rs 29.35 lakh in Q2 and Rs 58.63 lakh in H1 FY26, with a half-year EPS of Rs (4.31), compared to a profit of Rs 1,157.84 lakh in H1 FY25 which was boosted by one-time reversals of doubtful-debt provisions and investment-diminution provisions. New promoters (Surbhika Steels and Daga Infrastructure) took control in February 2025 after NCLT/NCLAT approvals, and 99% of old share capital was cancelled and extinguished in April 2025, leaving equity at just Rs 35.53 lakh against borrowings of Rs 823.31 lakh.
Shareholders face continued losses and nil operations while the new management works to revive the business under the approved resolution plan; the very thin equity versus high debt and zero revenue suggest a high-risk, turnaround-stage stock with no near-term earnings visibility.