The Board of Directors of the company at their meeting held on Friday, 01st August, 2025 at 04:00 p.m. at the corporate office of the company have idiscussed and approved the following ....
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Raw Edge Industrial Solutions' board met on 1 August 2025 and approved standalone unaudited financial results for Q1 FY26 (ended 30 June 2025). Revenue from operations fell to ₹804.44 lakh, down about 20.7% from ₹1,014.43 lakh in the same quarter last year. The company slipped to a loss of ₹27.43 lakh for the quarter, wider than the ₹12.99 lakh loss reported in Q1 FY25, translating to an EPS of minus ₹0.27. Coverage ratios weakened notably, with the Interest Service Coverage Ratio dropping to 0.12 from 0.64 a year ago, while the debt-equity ratio improved slightly to 0.93. The full FY25 had closed with a loss of ₹103.90 lakh. The board also appointed a new internal auditor for FY26, redesignated the CFO as Whole-time Director & CFO, and appointed a secretarial auditor for five years through FY30.
Persistent quarterly losses, falling revenue and very weak interest coverage (ISCR at 0.12) signal continued stress on profitability and debt servicing ability, which is negative for shareholders. Governance moves like new auditors and the CFO redesignation are routine and unlikely to move the stock on their own.