Outcome of Board Meeting Held on 28.01.2026
Awaiting price reaction for this filing.
Rama Petrochemicals' Board approved unaudited standalone and consolidated financial results for Q3 and 9 months ended 31 December 2025. Standalone revenue from operations rose sharply to Rs. 25.38 lacs in 9M FY26 from Rs. 5.40 lacs in 9M FY25 (over 4x growth), though the Q3 standalone figure of Rs. 2.81 lacs was modest. Despite revenue uptick, the company reported a standalone loss of Rs. 192.81 lacs for Q3 FY26 (vs Rs. 176.38 lacs loss in Q3 FY25) and a 9M FY26 loss of Rs. 547.67 lacs (vs Rs. 498.46 lacs). Finance costs remain heavy at Rs. 160.81 lacs for the quarter. The statutory auditor issued a modified (qualified) conclusion on both standalone and consolidated results, flagging the company's treatment of Rs. 185.00 lakhs paid towards release of collateral securities as 'Other Financial Assets' instead of adjusting it, which has overstated Retained Earnings and Current Assets by Rs. 185 lacs.
For investors: Losses are widening and dependence on large finance costs continues to drag profitability, while a qualified auditor opinion raises a red flag about the classification of a Rs. 185 lakh asset. However, the sharp jump in 9-month operating revenue signals a possible business revival worth watching closely in coming quarters.