Un-audited Financial Results for the Quarter ended 30-06-2025.
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Standalone revenue from operations fell ~13.5% YoY to Rs.18,857 lakhs (from Rs.21,796 lakhs in Q1 FY25). Standalone net loss narrowed to Rs.1,225 lakhs (from Rs.1,537 lakhs loss), with loss per share improving to Rs.(13) from Rs.(17). The textiles segment reported a loss of Rs.241 lakhs, while the wind mills segment earned Rs.924 lakhs profit (vs Rs.207 lakhs). On a consolidated basis, the company swung to a profit of Rs.812 lakhs (from Rs.691 lakhs loss), entirely driven by a sharp rise in share of associate profits to Rs.2,037 lakhs (from Rs.846 lakhs), mainly from The Ramco Cements, Ramco Industries and Ramco Systems. The board also approved additional investments/loans/guarantees of Rs.150 Crores, a Rs.50 Crore corporate guarantee for Sandhya Spinning Mill, and material related party transactions of up to Rs.450 Crores each with four group companies (Ramco Industries, Sandhya Spinning Mill, Sri Vishnu Shankar Mill, Ramaraju Surgical Cotton Mills) for FY26–FY28. Justice (Retd.) Chitra Venkataraman was appointed as an Additional Independent Director.
The standalone textile business continues to lose money on a revenue decline, though the loss is shrinking. Consolidated profitability is almost entirely dependent on associate companies, so the core textile business remains structurally weak. The large related party transaction limits and the additional corporate guarantee for a group company are governance items shareholders should watch closely in the ensuing AGM.