The Board of Directors at its meeting held on 14.08.2025 approved the Financial Results along with Limited Review Report for the Quarter ended 30.06.2025
Awaiting price reaction for this filing.
The Board of Raasi Refractories approved the unaudited financial results for the quarter ended 30 June 2025 (Q1 FY26), along with the Limited Review Report from statutory auditors Narasimha Rao & Associates. Revenue from operations stood at approximately Rs. 711 lakhs, compared to around Rs. 655 lakhs in the year-ago quarter, indicating modest single-digit YoY growth. The company swung to a net profit of Rs. 27.60 lakhs in Q1 FY26 versus a net loss of Rs. 51.19 lakhs in Q1 FY25, marking a turnaround in profitability. Basic and diluted EPS for the quarter came in at Rs. 0.59, against Rs. (1.09) in the corresponding prior-year period. The auditor's review report is clean, with no qualifications, adverse remarks, or emphasis of matter. The company operates as a single-segment entity (refractories).
The return to profitability after a year-ago loss is a positive operational signal, though the absolute profit is small and revenue growth remains modest. Short-term stock reaction is likely to be limited given the thin profit base; investors should track whether the turnaround sustains in upcoming quarters.