RTNINDIANSERattanIndia Enterprises LimitedHighNeutral
Announced Thu, 12 Feb · 14:50 IST

RattanIndia Enterprises Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

RattanIndia Enterprises reported a consolidated net loss of Rs. 1,620.10 million for Q3 FY26, compared to a loss of Rs. 1,704.34 million in Q3 FY25. For the nine months ended December 2025, the company swung to a loss of Rs. 562.47 million from a profit of Rs. 4,392.23 million in the same period last year. Total revenue from operations stood at Rs. 20,064.43 million in Q3 FY26, a modest 4.4% rise from Rs. 19,214.92 million in the year-ago quarter. The key drag was a Rs. 1,893.85 million unrealised mark-to-market loss on the company's equity investment in RattanIndia Power Limited due to a fall in its quoted market price. The e-commerce segment continued to be the main revenue contributor, while the EV (Revolt) segment narrowed its losses. The company also set up a new step-down subsidiary in Dubai to expand e-commerce in the Gulf region, granted fresh ESOPs, and noted a favourable NCLT order in the Canara Bank matter (which is now under appeal at NCLAT).

Likely market impact

The headline swing to a nine-month loss is largely driven by a non-cash, mark-to-market hit on a legacy investment rather than core business deterioration, which may limit damage to long-term sentiment. However, persistent quarterly losses, the ongoing EV segment cash burn, and the Canara Bank appeal remain overhangs that investors should watch closely.