Results for quarter and year ended on 31st March, 2025
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Rushabh Precision Bearings Ltd announced audited standalone financial results for Q4 and FY ending 31st March 2025. Revenue from operations was nil, with total income of just Rs. 0.98 lakh (vs Rs. 0.98 lakh in FY24). The company posted a loss after tax of Rs. 30.03 lakh in FY25, sharply narrower than the Rs. 1,008.31 lakh loss in FY24, primarily driven by a one-time exceptional gain of Rs. 972.64 lakh. Without exceptional items, the underlying loss improved modestly from Rs. 35.66 lakh to Rs. 30.03 lakh. EPS stood at (Rs. 0.33) vs (Rs. 11.20) in FY24. The board also ratified the allotment of 90 lakh equity shares under a Resolution Plan approved by NCLT Mumbai, and appointed a new Secretarial Auditor for five years. The statutory auditor issued an unqualified opinion.
With zero operating revenue, the company appears to be in a turnaround phase post-NCLT resolution, and the share allotment under the Resolution Plan will materially dilute existing shareholders. While headline losses narrowed sharply, this was driven by exceptional items rather than operational improvement, so the underlying business remains dormant.