Raj Rayon Industries Limited held its Board of Directors meeting on Tuesday, November 3, 2026, which commenced at 12:00 noon and concluded at 2:35 p.m. The board considered, approved, and took on record the unaudited financial results for the second quarter and half year ended September 30, 2026.

Financial Results Overview (Quarter Ended September 30, 2026)

  • Revenue from operations: ₹45,646.96 lakh (compared to ₹31,931.76 lakh in Q2 FY26)
  • Other income: ₹143.65 lakh (compared to ₹305.25 lakh in Q2 FY26)
  • Total income: ₹45,790.61 lakh (compared to ₹32,237.01 lakh in Q2 FY26)
  • Total expenses: ₹43,374.69 lakh (compared to ₹31,244.95 lakh in Q2 FY26)
  • Profit before tax: ₹2,415.92 lakh (compared to ₹992.06 lakh in Q2 FY26)
  • Tax expense: (₹116.97) lakh (deferred tax benefit)
  • Profit after tax: ₹2,298.95 lakh (compared to ₹801.97 lakh in Q2 FY26)
  • Total comprehensive income: ₹2,299.23 lakh
  • Basic EPS: ₹0.41 (not annualized)
  • Diluted EPS: ₹0.29 (not annualized)

Financial Results Overview (Half Year Ended September 30, 2026)

  • Revenue from operations: ₹66,093.31 lakh (compared to ₹57,950.97 lakh in H1 FY26)
  • Other income: ₹243.58 lakh (compared to ₹326.00 lakh in H1 FY26)
  • Total income: ₹66,336.89 lakh (compared to ₹58,276.97 lakh in H1 FY26)
  • Total expenses: ₹63,114.07 lakh (compared to ₹56,540.79 lakh in H1 FY26)
  • Profit before tax: ₹3,222.82 lakh (compared to ₹1,736.18 lakh in H1 FY26)
  • Tax expense: (₹237.99) lakh (deferred tax benefit)
  • Profit after tax: ₹2,984.83 lakh (compared to ₹1,409.24 lakh in H1 FY26)
  • Total comprehensive income: ₹2,985.38 lakh
  • Basic EPS: ₹0.54 (not annualized)
  • Diluted EPS: ₹0.37 (not annualized)

Balance Sheet Position (as of September 30, 2026)

  • Total assets: ₹68,519.51 lakh (compared to ₹59,830.42 lakh as of March 31, 2026)
  • Non-current assets: ₹34,467.82 lakh
  • Current assets: ₹34,051.69 lakh
  • Equity: ₹18,632.84 lakh
  • Non-current liabilities: ₹13,898.01 lakh
  • Current liabilities: ₹35,988.66 lakh
  • Paid-up equity share capital: ₹5,560.82 lakh (face value ₹1 each)

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net cash flow from operating activities: ₹9,224.17 lakh
  • Net cash flow from investing activities: (₹8,198.24) lakh
  • Net cash flow from financing activities: (₹2,112.41) lakh
  • Net decrease in cash and cash equivalents: (₹1,086.48) lakh
  • Closing cash and cash equivalents: ₹155.78 lakh

Regulatory Compliance and Additional Information

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The company will publish extracts of the unaudited financial results in one English and one vernacular newspaper as required under SEBI (LODR) Regulations, 2015.

Notes to Financial Results:

  • The company is primarily engaged in a single business segment of Manufacturing & Marketing of Textiles Yarns
  • Implementation of new labor codes remains unchanged from previous quarter, with management indicating that implementation has been deferred and is under review with HR department
  • The financial results have been subjected to limited review by statutory auditors Bagaria & Co. LLP

Auditor's Limited Review Report

Bagaria & Co. LLP, Chartered Accountants (Firm Registration No. 113447W/W-100019), issued a limited review report stating that nothing has come to their attention that causes them to believe that the accompanying statement of unaudited financial results contains any material misstatement. The review was conducted in accordance with Standard on Review Engagement (SRE) 2410 issued by ICAI.