Unaudited standalone and consolidated financial results of the Company along-with Limited Review Reports issued by Statutory Auditor of the Company for the quarter and nine months ended ....
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Royal India Corporation Ltd reported its Q3 FY26 and nine-month FY26 results, showing a sharp revenue decline but a strong profit turnaround. Consolidated revenue from operations for Q3 FY26 fell to ₹438.45 lakhs from ₹5,855.84 lakhs in Q3 FY25, a drop of about 92%. Nine-month consolidated revenue fell to ₹14,980.40 lakhs from ₹22,002.13 lakhs, down roughly 32%. Despite weak topline, consolidated profit after tax for the nine months swung to ₹521.75 lakhs from a loss of ₹7.29 lakhs in the prior year period. Standalone nine-month PAT stood at ₹566.08 lakhs versus a loss of ₹7.29 lakhs earlier. Basic EPS for nine months stood at ₹0.44 (consolidated) and ₹0.48 (standalone). The auditor issued an unqualified limited review report with no qualifications or emphasis of matter. Bullion remains the only operational segment contributing revenue.
The sharp revenue drop quarter-on-quarter suggests volatility in the bullion business, which may concern investors about revenue sustainability. However, the return to profitability at the nine-month level is a positive signal. Shareholders should watch whether revenue recovers in coming quarters, as the profit turnaround is largely driven by inventory changes and lower input costs rather than top-line growth.