Announced Fri, 14 Nov · 19:15 IST

Submission of Standalone Un-audited Financial Results of the company for the quarter and half year ended September 30, 2025

Negative Operating CashflowResults View source PDF

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AI summary

Rishabh Digha Steel reported standalone un-audited results for Q2 FY26 (quarter ended Sept 30, 2025) and H1 FY26 (half year ended Sept 30, 2025), approved by the Board on November 14, 2025, with a clean limited review report from Bilimoria Mehta & Co. For H1 FY26, revenue from operations stood at Rs 30.44 lakhs (versus nil in H1 FY25), while other income was Rs 53.90 lakhs (vs Rs 52.52 lakhs), bringing total income to Rs 84.33 lakhs. Profit before tax rose to Rs 45.48 lakhs from Rs 30.97 lakhs, and profit after tax was Rs 33.62 lakhs versus Rs 30.97 lakhs, translating to an EPS of Rs 0.70 (vs Rs 0.56). For the standalone quarter, PAT was Rs 16.40 lakhs with an EPS of Rs 0.35. The company continues to rely heavily on investment income (interest/dividends from Rs 1,820.91 lakhs of investments) rather than core operations, and operating cash flow remained negative at Rs -11.36 lakhs for the period.

Likely market impact

For shareholders, results show modest improvement in profitability and a resumption of some operational revenue, but the business is still fundamentally investment-driven with negative operating cash flow, suggesting limited core business momentum and a need to watch whether the new revenue stream scales sustainably.