The Board of Directors of the Company at its meeting held today i.e. November 14, 2025, which commenced at 05.30 p.m. and concluded at 08.00 p.m. have discussed, considered and approved ....
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Royal India Corporation's board approved unaudited standalone and consolidated financial results for Q2 and H1 FY26 (ended September 30, 2025), along with a clean limited review report from statutory auditor M/s Rakchamps & Co. LLP. Standalone revenue from operations in Q2 FY26 was Rs 438.45 lakhs, a steep drop from Rs 7,989.21 lakhs in Q2 FY25, while profit before tax rose to Rs 177.94 lakhs from Rs 21.26 lakhs, aided by lower material costs and changes in inventory. H1 FY26 total income stood at Rs 4,815.56 lakhs with PBT of Rs 500.42 lakhs. The company also appointed Mr. Ikerath Joseph Sam as Additional Director (Executive and Non-Independent) for Business Management and Marketing. The balance sheet shows long-term borrowings fully repaid and equity improving to Rs 10,236 lakhs, though other equity remains negative.
Sharp quarter-on-quarter revenue decline is a red flag for the bullion business, though better margins and zero long-term debt improve the balance sheet strength. The new director appointment could signal a strategic shift toward business expansion, which investors should watch for execution in coming quarters.