The Stock Exchange and stakeholders are requested to kindly take on record the Outcome of the Board Meeting held today, i.e., Friday, 06th March, 2026. The same is enclosed herewith for ....
Awaiting price reaction for this filing.
RRP Defense Ltd's board met on 6 March 2026 and approved unaudited standalone and consolidated financial results for Q3 FY26 (quarter ended 31 Dec 2025) and the nine months ended Dec 2025. On a consolidated basis, revenue from operations for Q3 FY26 was nil (vs ₹529.80 lakhs in Q2 FY26), leading to a net loss of ₹13.73 lakhs versus a profit of ₹159.34 lakhs in the previous quarter. EPS for the quarter was negative ₹0.10. For the nine months, revenue rose modestly to ₹530.91 lakhs (₹502.79 lakhs last year), while profit after tax surged to ₹125.95 lakhs (₹20.77 lakhs last year). The board also approved shifting the registered office from Lajpat Nagar to Connaught Place, New Delhi.
The zero revenue in Q3 is a significant red flag and could pressure the stock in the short term, even though nine-month profit has grown strongly. Shareholders should watch for management clarification on why Q3 sales dried up completely. The EPS has actually dipped on a nine-month basis (₹0.92 vs ₹1.32) because paid-up share capital jumped from ₹156.88 lakhs to ₹1,371.88 lakhs, indicating a share issuance or split that has diluted per-share returns.