Results-Financial Results for the quarter ended on June,2025
RHETAN · price
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Rhetan TMT Limited reported standalone unaudited results for Q1 FY26 with revenue from operations of Rs. 503.56 lakhs, a steep drop of about 74% from Rs. 1,934.65 lakhs in the same quarter last year. Total income fell to Rs. 571.29 lakhs (vs Rs. 1,934.90 lakhs YoY), but total expenses also shrank sharply to Rs. 495.49 lakhs, allowing the company to post a profit before tax of Rs. 75.80 lakhs versus Rs. 100.84 lakhs in Q1 FY25. Profit after tax stood at Rs. 75.80 lakhs (vs Rs. 80.67 lakhs), with EPS of Rs. 0.01. The statutory auditor's limited review report is clean with no qualifications or observations. The Board also approved listing of the company's equity shares on the NSE Main Board, where they are presently listed only on BSE.
The dramatic year-on-year revenue slump is a red flag that needs management explanation, even though margins held up better than expected; meanwhile, the proposed NSE listing could boost liquidity and broaden the investor base for shareholders.