Please find attached the financial results of the Company for the quarter and half year ended 30th September, 2025.
Awaiting price reaction for this filing.
RRP Defense Ltd (formerly Euro Asia Exports Ltd) reported a sharp rebound in Q2 FY26 with revenue from operations of Rs 529.80 lakhs versus nil in Q1 FY26, pushing H1 FY26 revenue to Rs 529.80 lakhs, up roughly 225% from Rs 162.98 lakhs in H1 FY25. Net profit for the quarter was Rs 159.34 lakhs and H1 FY26 net profit was Rs 139.73 lakhs compared to just Rs 3.40 lakhs in H1 FY25. Basic EPS for H1 FY26 rose to Rs 1.02 from Rs 0.09 a year ago. The company raised Rs 1,215 lakhs through a fresh share issue during the period, expanding paid-up equity capital from Rs 156.88 lakhs to Rs 1,371.88 lakhs. The statutory auditor (TDK & Co.) issued a clean limited review report with no qualifications. However, net operating cash flow was negative at Rs (513.67) lakhs, mainly driven by a sharp jump in trade receivables to Rs 1,645.71 lakhs from Rs 1,039.97 lakhs.
Strong revenue and profit growth signal a meaningful business turnaround, aided by fresh equity capital. Investors should watch the widening receivables and negative operating cash flow, which point to working capital strain despite the headline profit improvement.