Date: 24th July, 2026
Board Meeting Outcomes
- Board meeting held on July 24, 2026 from 3:00 PM to 4:15 PM IST
- Approved unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026
- Results reviewed by Audit Committee and approved by Board of Directors
Financial Results (Standalone)
Quarter Ended June 30, 2026 (Unaudited) vs Comparative Periods:
Income:
- Revenue from operations: ₹3,146.35 million
- Other income: ₹37.91 million
- Total revenue: ₹3,184.26 million
Expenses:
- Cost of materials consumed: ₹2,691.49 million
- Changes in inventories of finished goods and work in progress: (₹57.73) million
- Employee benefits expense: ₹35.03 million
- Finance costs: ₹67.22 million
- Depreciation and amortization expense: ₹73.77 million
- Other expenses: ₹155.72 million
- Total expenses: ₹2,965.50 million
Profitability:
- Profit before tax: ₹218.76 million
- Tax expense: ₹36.39 million
- Current tax: ₹11.01 million
- Deferred tax: ₹25.38 million
- Profit for the period from continuing operations: ₹182.37 million
- Earnings per share (basic & diluted): ₹2.61
Comparative Performance (₹ in million):
| Particulars | Jun-2026 | Mar-2026 | Jun-2025 | Mar-2026 (FY) |
| Revenue | 3,184.26 | 2,562.91 | 2,649.06 | 10,784.10 |
| Profit before tax | 218.76 | 207.45 | 179.50 | 759.79 |
| Net profit | 182.37 | 170.33 | 149.46 | 643.05 |
| EPS (₹) | 2.61 | 2.94 | 2.97 | 11.11 |
Balance Sheet Items:
- Paid-up equity share capital: ₹716.22 million (face value ₹10)
- Other equity: ₹6,567.97 million
Segment Performance (Standalone)
Quarter Ended June 30, 2026:
- Domestic revenue: ₹3,046.8 million
- Export revenue: ₹99.55 million
- Total segment revenue: ₹3,146.35 million
- Segment profit before tax & interest: ₹285.98 million
Assets and Liabilities:
- Segment assets: ₹13,211.33 million
- Domestic: ₹13,178.17 million
- Outside India: ₹33.16 million
- Segment liabilities: ₹5,927.25 million
- Domestic: ₹5,922.55 million
- Outside India: ₹4.69 million
Consolidated Financial Results
Includes subsidiary: Ratnaveer Stainless Inox LLC
Subsidiary performance: Total revenues ₹0 lakh, net profit after tax ₹0 lakh, total comprehensive income ₹0 lakh for quarter ended June 30, 2026
Consolidated results identical to standalone results for the quarter
Notes to Financial Results
1. Financial results prepared in accordance with Indian Accounting Standard (Ind AS) rules prescribed under Section 133 of Companies Act, 2013
2. Figures for previous periods have been regrouped wherever necessary
3. No discontinued operations during the quarter
4. No non-controlling interest