Rushabh Precision Bearings Limited has informed the Exchange regarding Board meeting held on July 29, 2025.
Awaiting price reaction for this filing.
Rushabh Precision Bearings' board, which met on July 29, 2025, approved the standalone unaudited financial results for the quarter ended June 30, 2025. The company reported NIL revenue from operations and NIL total income for Q1 FY26, indicating no business activity during the quarter. Total expenses stood at Rs. 9.28 lakhs, up from Rs. 7.62 lakhs in the same quarter last year, comprising mainly other expenses (Rs. 8.68 lakhs) and employee costs (Rs. 0.60 lakhs). The company posted a net loss of Rs. 9.28 lakhs versus a loss of Rs. 7.62 lakhs in Q1 FY25, translating to a basic and diluted EPS of Rs. (0.10). The statutory auditor (Rajesh Laxmi & Associates) issued an unmodified limited review opinion on the results. Paid-up equity share capital remains at Rs. 90 lakhs (face value Rs. 10).
Continued losses with zero operational revenue raise serious concerns about the company's going-concern status and are likely to weigh negatively on the stock. Shareholders may see further erosion in value unless the company resumes business activity or restructures.