Six-month consolidated profit of Rs 36.14 lakh amid heavy cash burn
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Awaiting price reaction for this filing.
For the six months ended 30 September 2026, Rare Earth Engineers reported consolidated revenue of Rs 1,510.22 lakh and profit after tax of Rs 36.14 lakh, versus a Rs 6.09 lakh loss a year earlier. September-quarter consolidated profit was Rs 68.21 lakh. The standalone half-year loss widened to Rs 62.15 lakh from Rs 1.10 lakh. Operating cash outflow was Rs 1,026.23 lakh consolidated and Rs 60.42 lakh standalone. The reviewer raised no material issue.
The consolidated profit may support sentiment, but heavy cash burn and continued standalone losses raise financial risk and could weigh on the stock.