BSERushabh Precision Bearings LtdMediumNeutral
Announced Wed, 4 Jun · 17:25 IST

Due to clerical error we are submitting the outcome. Please note that there are no changes in the financial results submitted by the Company.

Pat NegativePat Growth 25pctExceptional ItemResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The board of Rushabh Precision Bearings Ltd, at its meeting on 30th May 2025, approved the standalone audited financial results for Q4 and FY ended 31st March 2025. Revenue from operations is negligible at Rs. 0.98 lakhs (same as FY24), and the company posted a loss after tax of Rs. 30.03 lakhs for FY25, a sharp improvement from Rs. 1,008.31 lakhs loss in FY24, which included a one-time exceptional item of Rs. 972.64 lakhs. The board ratified the allotment of 90 lakh equity shares (face value Rs. 10) to the Resolution Applicant and existing shareholders under the NCLT-approved Resolution Plan. Statutory auditor M/s Rajesh Laxmi & Associates issued an unqualified and unmodified opinion on the results.

Likely market impact

The company has emerged from the NCLT insolvency process with a fresh equity base but continues to report near-zero revenue and ongoing losses, which keeps operational turnaround uncertain. Shareholders should watch for signs of business revival, as the stock remains a high-risk, speculative bet until core operations resume meaningfully.