Regulation 30 of SEBI LODR Regulations, 2015-Outcome of the Board Meeting held on Thursday, the 29th day of May, 2025 at 03:00 P.M. and concluded at 03:30 P.M.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rathi Bars Limited's Board of Directors approved the Audited Standalone Financial Results for the quarter and financial year ended March 31, 2025. Revenue from operations dropped sharply to Rs. 49,628.82 lacs from Rs. 61,403.52 lacs in FY24, a decline of around 19%. Net profit fell to Rs. 256.56 lacs from Rs. 356.82 lacs, down about 28% year-on-year. Total income slipped to Rs. 49,770.59 lacs versus Rs. 61,437.24 lacs previously. The statutory auditor MASAR & Co. issued an unmodified (clean) opinion on the results, and reported adequate internal financial controls. Total assets grew modestly to Rs. 19,510.55 lacs from Rs. 17,869.42 lacs, while short-term borrowings rose materially.
The steep drop in revenue and profit signals weaker top-line performance and pressure on margins, which is negative for shareholders in the near term. However, a clean audit opinion, absence of cash losses, and continued profitability offer some comfort on financial health.