ENCLOSED HEREWITH UNAUDITED FINANCIAL RESULT FOR QUARTER ENDED 30/09/2025
Awaiting price reaction for this filing.
RRP Semiconductor reported a loss of Rs 7.06 crore for Q2 FY26 and Rs 11.46 crore for H1 FY26, with revenue from operations effectively wiped out to near zero after the company reversed Rs 6.82 crore of earlier revenue from its disputed solar panel subcontract with Telecrown Infratech (on top of Rs 14.82 crore reversed earlier). Total expenses for H1 stood at Rs 17.92 crore against negligible operating revenue, pushing reserves into negative territory at Rs (8.27) crore. Operating cash flow before working capital changes was negative Rs 7.44 crore. Other current assets jumped to Rs 337.41 lakh from nil, trade receivables rose sharply, and long-term borrowings stand at Rs 14.57 crore against a negative net worth, raising leverage concerns.
The combination of large losses, negative shareholder equity, ongoing contract dispute, and the BSE revocation of listing approval (currently under appeal at SAT) makes this a high-risk filing — shareholders face significant uncertainty around both business continuity and the listing status of the stock, which the auditor flagged as an 'Other Matter'.