Submission of Un-Audited Financial Results for the Quarter ended 30.06.2025.
Awaiting price reaction for this filing.
Ramasigns Industries reported Q1 FY26 revenue from operations of ₹19.33 lakhs, a sharp drop of about 82% from ₹109.39 lakhs in Q1 FY25. However, total revenue rose to ₹159.99 lakhs helped by a large jump in other income (₹140.66 lakhs vs ₹0.12 lakhs). Total expenses fell to ₹96.97 lakhs from ₹211.15 lakhs, leading to a profit before tax of ₹63.02 lakhs, compared to a loss of ₹101.64 lakhs a year ago. Net profit stood at ₹63.02 lakhs (EPS ₹0.22) versus a loss of ₹96.44 lakhs (EPS ₹(0.34)) in the year-ago quarter. For the full FY25 (audited), the company posted a net loss of ₹375.94 lakhs on revenue of ₹247.68 lakhs. The auditor flagged that the company has not complied with financial covenants under its Debenture Trust Deed and had delayed payment of interest and principal to debenture holders (₹3.17 crore outstanding). The board also approved a new Secretarial Auditor and the appointment of a new Independent Director, while accepting the resignation of another Director.
Core business revenue has collapsed dramatically, and profitability this quarter is driven largely by non-operating 'other income' rather than operations, raising sustainability concerns. The auditor's note on debenture covenant breach and delayed payments to debenture holders is a credit-risk red flag that shareholders should monitor closely.