BSERidhi Synthetics LtdMediumNeutral
Announced Thu, 12 Feb · 18:00 IST

To Approve Unaudited Financial Results for Quarter ended 31.12.2025.

Revenue DeclineResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ridhi Synthetics Ltd's board, at its meeting on 12 February 2026, approved the unaudited financial results for Q3 and nine months ended 31 December 2025. Revenue from operations grew modestly to Rs. 12.49 lakh in Q3 (vs Rs. 10.85 lakh a year ago) and Rs. 37.45 lakh for 9M (vs Rs. 32.45 lakh). However, total income fell to Rs. 53.43 lakh in Q3 and Rs. 139.67 lakh for 9M, down from Rs. 56.61 lakh and Rs. 167.65 lakh respectively, due to a sharp drop in other income. Profit after tax declined to Rs. 25.94 lakh in Q3 (vs Rs. 26.48 lakh) and Rs. 65.71 lakh for 9M (vs Rs. 90.50 lakh). Total comprehensive income for 9M stood at Rs. 874.08 lakh, driven largely by other comprehensive income of Rs. 808.37 lakh. The statutory auditor (SVP & Associates) issued a limited review report with an unmodified opinion. No loan defaults or related party transactions were reported.

Likely market impact

Core revenue is improving but headline earnings are under pressure as the bulk of income comes from other income which has shrunk. Investors should watch whether the core business can scale up to compensate for declining other income. The clean auditor opinion and absence of debt defaults are positives.