Results for June 2025 Quarter
ROLEXRINGS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rolex Rings reported Q1 FY26 revenue from operations of ₹2,915.83 million, down about 6.2% from ₹3,107.81 million in the same quarter last year. Total income fell modestly to ₹3,071.89 million versus ₹3,160.31 million YoY, though other income nearly tripled to ₹156.06 million. Profit before tax rose slightly to ₹679.97 million (from ₹665.91 million), while net profit after tax dipped marginally to ₹491.56 million from ₹499.09 million, giving an EPS of ₹18.05. The results were flagged with a qualified auditor review by SRBC & Co LLP due to a ₹2,278.60 million demand notice from a consortium of banks related to an old CDR settlement; the company has provisioned only ₹506 million against this potential liability. The auditor stated they cannot comment on further adjustments that may be needed pending the outcome of negotiations and a binding legal opinion.
Shareholders should note the continued overhang from the large bank demand notice, which is over 4.5x the company's quarterly PAT and could materially impact financials if settled unfavourably. The qualified auditor opinion is a red flag, and the YoY revenue decline combined with flat profitability suggests near-term pressure, though tariff-related risks on US exports appear manageable for now.