Please find enclosed herewith the Un-Audited Financial Results for the quarter ended June 30, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rudra Ecovation (formerly Himachal Fibres) posted a net loss of Rs 86.86 lakh in Q1 FY26 (quarter ended June 30, 2025), wider than the Rs 25.58 lakh loss in Q1 FY25. Revenue from operations slipped to Rs 527.88 lakh from Rs 533.93 lakh year-on-year, while total expenses rose to Rs 622.92 lakh, deepening operating pressure. The auditor (Manjul Mittal & Associates) issued a clean limited review report with no qualifications. On the board, Independent Director Surjit Singh resigned citing personal reasons, and Dharam Veer Singh (who also sits on Shiva Texfabs and Yogindera Worsted boards) was appointed in his place for a 5-year term. The company also confirmed no deviation in the use of preferential warrant funds, though 76.47 lakh warrants remain pending conversion. The previously approved amalgamation with Shiva Texfabs Ltd is still awaiting NOC from BSE and SEBI.
Negative near-term sentiment as losses widened sharply QoQ (from Rs 9.15 lakh in Q4 FY25 to Rs 86.86 lakh) despite stable revenues, signalling margin compression. Shareholders should watch the pending Shiva Texfabs merger approval, which is the key potential catalyst, alongside director reshuffling tied to that transaction.