The Board of Directors at its Meeting held on 14.11.2025 approved the unaudited Financial Results of the Company along with the Limited Review Report for the Quarter ended 30.09.2025
Awaiting price reaction for this filing.
Raasi Refractories posted Q2 FY26 revenue of around ₹1,334 lakhs, up roughly 27% from about ₹1,049 lakhs in the same quarter last year, showing a healthy rebound in top-line growth. Profit before tax for the half-year ended September 2025 came in at about ₹47 lakhs, swinging from a loss of around ₹5.77 lakhs in the corresponding previous period, marking a clear return to profitability. Earnings per share for Q2 FY26 stood at ₹0.34. Statutory auditors Narasimha Rao & Associates issued a clean limited review report with no qualifications or observations. However, the balance sheet still shows negative other equity of around ₹1,794 lakhs (accumulated losses), and trade receivables have risen sharply, which means the turnaround is early-stage.
Positive momentum for shareholders as revenue growth has re-accelerated and the company has swung back to profit after losses last year. However, the negative net worth and rising receivables remain red flags — investors should watch whether profitability sustains and working capital normalises in coming quarters.