This is to bring to your kind notice that a meeting of the Board of Directors was held today i.e. Wednesday, 12th November, 2025 as required under Regulation 30 (Schedule III Part A(4) ....
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Riddhi Steel and Tube's Board, meeting on 12 November 2025, approved its unaudited half-yearly financial results for the period ended 30 September 2025. Revenue from operations jumped to Rs 24,679.87 lakhs from Rs 15,459.31 lakhs in H1 FY25, a rise of roughly 60%. Net profit climbed to Rs 608.39 lakhs (EPS Rs 7.34) versus Rs 336.54 lakhs (EPS Rs 4.06) a year ago, an increase of about 81%. Auditor Ashok Rajpara & Co issued an unmodified limited review report. Trade receivables rose sharply to Rs 6,329.77 lakhs from Rs 5,271.15 lakhs, and long-term borrowings increased to Rs 5,642.21 lakhs from Rs 4,482.55 lakhs.
Strong top-line and profit growth is a positive signal for shareholders, but the negative operating cash flow (Rs -17.70 lakhs) and rising receivables and debt suggest the company is funding its growth mostly through borrowings rather than internal accruals, which is a watchpoint.