Results of the Company (Standalone and Consolidated) of the Company for the quarter ended June, 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Indag Rubber reported weak Q1 FY26 results, with standalone revenue from operations falling about 19% year-on-year to Rs. 4,500.59 lakhs from Rs. 5,552.90 lakhs in Q1 FY25. Standalone profit after tax declined to Rs. 184.14 lakhs from Rs. 199.69 lakhs, and EPS stood at Rs. 0.70 versus Rs. 0.70 versus Rs. 0.76 earlier. On a consolidated basis, revenue dropped to Rs. 4,500.59 lakhs and profit after tax fell to Rs. 84.92 lakhs, pulled down by the subsidiary Millennium Manufacturing Systems which posted zero revenue and a Rs. 99.22 lakhs loss. The auditor (Khanna & Annadhanam) issued an unmodified limited review report with no qualifications or emphasis of matter.
The sharp drop in top-line alongside a loss-making subsidiary is a negative signal for the stock in the near term, though the core precured tread rubber business remains profitable on a standalone basis.