Modi Rubber Q1 FY27 Results: Standalone Loss Narrows, Consolidated PAT at Rs 4.25 Cr
MODIRUBBER · price
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On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.4 pts less than its Tyres & Rubber Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Modi Rubber reported Q1 FY27 results. Standalone net loss narrowed to Rs 2.89 cr from Rs 3.79 cr a year ago, with total income up to Rs 5.04 cr from Rs 4.36 cr. On consolidated basis, net profit stood at Rs 4.25 cr versus Rs 4.88 cr, while total income grew to Rs 13.40 cr from Rs 11.55 cr. Loss from real estate segment continues but improved, travel services remained steady. Auditor issued unmodified opinion on both standalone and consolidated results.
Mixed picture - standalone losses continue but narrowing; consolidated profit slightly lower YoY due to weaker share of JV profits.