Rico Auto Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
RICOAUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rico Auto Industries reported its unaudited financial results for the quarter ended June 30, 2025. Standalone revenue from operations came in at Rs 387.88 crore, marginally lower than Rs 392.07 crore in the same quarter last year. However, standalone profit after tax rose to Rs 4.54 crore from Rs 3.43 crore, a growth of about 32%. On a consolidated basis, revenue grew to Rs 543.46 crore and PAT jumped sharply to Rs 16.33 crore from Rs 5.63 crore year-on-year, driven by stronger operating performance. The company recorded an exceptional item of Rs 0.52 crore towards a Voluntary Retirement Scheme. The Board also noted the NCLT's approval of the merger of subsidiary Rico Fluidtronics Limited into Rico Jinfei Wheels Limited, with an appointed date of April 1, 2023. Additionally, PG & Associates were appointed as Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30, subject to shareholder approval.
The strong jump in consolidated profit (nearly 3x year-on-year) is a positive signal for shareholders, reflecting improved profitability despite flat revenue. The NCLT-approved merger of two subsidiaries should streamline the group structure, while the VRS exceptional item signals a focus on cost optimisation.