The Board of Directors at its meeting held on 14.08.2025 approved the unaudited financial results of the company along with Limited Review Report for the quarter ended 30th June, 2025
Awaiting price reaction for this filing.
Raasi Refractories reported its unaudited financial results for the quarter ended June 30, 2025. Revenue from operations stood at around Rs. 711.38 lakhs, up about 8.6% from Rs. 655.14 lakhs in the same quarter last year. The company swung back to a net profit of Rs. 27.60 lakhs compared to a loss of Rs. 51.19 lakhs in Q1 FY25. Earnings per share came in at Rs. 0.59 versus a negative Rs. 1.09 a year ago. The statutory auditor, Narasimha Rao & Associates, issued a clean limited review report with no qualifications. The company operates in a single segment (refractories) and reported no exceptional items.
A return to profitability after a year-ago loss is a positive signal for shareholders, though revenue growth remains modest. The clean auditor review supports confidence in the numbers, while the small scale of the business keeps overall market impact limited.