Unaudited Standalone and Consolidated Financial Results along with Limited review report for the quarter ended June 30, 2025.
RRIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
RRIL Limited's board, meeting on August 12, 2025, approved unaudited results for the quarter ended June 30, 2025. On a standalone basis, revenue from operations fell to Rs. 296.02 lakhs from Rs. 311.22 lakhs in Q1FY25, and net profit declined to Rs. 29.52 lakhs from Rs. 42.91 lakhs. Consolidated results were sharply stronger, with revenue and profit after tax showing significant jumps driven by subsidiary Raj Rajendra Industries Limited. The board also cleared acquisition of up to 50% stake (59.75 lakh shares) in Sumati Spintex Private Limited for Rs. 6.05 crore in cash, a related party transaction with common promoters. Additionally, M/s Shreyans Jain & Co. was appointed as Secretarial Auditor for five years and M/s Vikas Jain & Associates as Internal Auditor for FY26. The 34th AGM was scheduled for September 15, 2025 via video conferencing.
Standalone performance is weak with both revenue and profit declining, but consolidated numbers look robust thanks to the subsidiary. Shareholders should note the Sumati Spintex acquisition is a related party transaction, though the company states it is at arm's length price.