the Board of Directors of RRP Defense Limited (Formerly Known as Euro Asia Exports Limited) held on Tuesday, 12 August 2025 at the Registered Office of the Company has approved Unaudited ....
Awaiting price reaction for this filing.
RRP Defense Ltd (formerly Euro Asia Exports Ltd) reported its Q1 FY26 (quarter ended June 30, 2025) unaudited results, showing zero revenue from operations versus Rs 155.54 lakhs in the same quarter last year — a complete revenue wipeout. The company swung from a small profit of Rs 2.33 lakhs (Q1 FY25) to a net loss of Rs 19.61 lakhs, mainly due to listing fees, ROC charges, and employee costs with no offsetting income. EPS turned negative at Rs (0.14) compared to Rs 0.15 earlier. The board also took note of the company's name change from Euro Asia Exports Ltd to RRP Defense Ltd effective August 12, 2025, and approved a registered office shift within New Delhi. Notably, the paid-up equity share capital jumped sharply from Rs 156.88 lakhs to Rs 1,371.88 lakhs, indicating a large equity issuance during the quarter. The statutory auditor (TDK & Co) issued an unmodified limited review report.
Zero top-line and a quarterly loss are red flags for retail investors — the stock may see pressure. However, the sharp rise in share capital suggests fresh fundraising that could support a business pivot into defense, which investors should watch in coming quarters.