RMCBSERMC Switchgears LtdMediumPositive
Announced Fri, 11 Jul · 12:06 IST

Intimation under Regulation 30 of SEBI (LODR)- correction in Order Book Figure Mentioned in Press Release

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RMC · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

RMC Switchgears reported consolidated Q1 FY25-26 (April–June 2025) sales of ₹86.14 crore, up from ₹34.04 crore in the same quarter last year — a YoY growth of over 165%. The numbers are unaudited and subject to statutory auditor review. The company also highlighted an order book exceeding ₹700 crore spanning solar EPC, electrical infrastructure, and smart metering verticals. Management expects H2 to nearly double H1, as is typical for its EPC-heavy project mix. This filing is being issued as a correction to a previously released press release regarding the order book figure.

Likely market impact

Strong Q1 topline beat and a robust ₹700 crore order book support a positive near-term outlook, though the surge is partly a low-base effect and results are unaudited. Shareholders should watch for confirmation of these numbers in the audited results and clarity on what exactly was corrected in the order book disclosure.