Modi Rubber Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
MODIRUBBER · price
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Modi Rubber Limited submitted its Q1 FY26 results. On a standalone basis, total income stood at Rs. 436.42 lacs vs Rs. 470.87 lacs in Q1 FY25, while the net loss widened to Rs. (378.53) lacs from Rs. (307.17) lacs a year ago, driven by continued losses in the real estate services segment. On a consolidated basis, total income rose to Rs. 1,155.34 lacs (up ~27% YoY) led by growth in travel services revenue (Rs. 615.54 lacs vs Rs. 475.21 lacs), and net profit came in at Rs. 487.82 lacs vs Rs. 678.60 lacs in Q1 FY25, a ~28% decline. Consolidated profitability was supported by a Rs. 657.31 lacs share of profits from joint ventures and associates. The statutory auditor (PNAM & Co LLP) issued an unmodified review opinion on both sets of results.
Mixed picture for shareholders — standalone operations remain loss-making with the deficit deepening, but the consolidated entity is still profitable thanks to strong JV/associate contributions. The sharp drop in consolidated net profit YoY and ongoing standalone losses may weigh on sentiment, though travel services growth is a positive.