Ritesh International Limited's Board of Directors meeting was held on July 27, 2026, commencing at 4:00 PM and concluding at 4:30 PM. The board considered and approved the following items:
- The Unaudited Financial Results for the quarter ended June 30, 2026
- The Limited Review Report on the Unaudited Financial Results issued by the company's statutory auditor, M/s Ashok Shashi & Co.
Financial Results for Quarter Ended 30.06.2026 (Unaudited)
Revenue Performance:
- Revenue from operations: ₹50.54 lakh
- Other income: ₹0.02 lakh
- Total revenue: ₹50.56 lakh
Expense Breakdown:
- Cost of materials consumed: ₹39.35 lakh
- Employee benefits expense: ₹0.44 lakh
- Finance costs: ₹0.25 lakh
- Depreciation and amortization expense: ₹0.25 lakh
- Other expenses: ₹6.70 lakh
- Total expenses: ₹48.20 lakh
Profitability:
- Profit before exceptional items and tax: ₹2.36 lakh
- Exceptional items: ₹(0.02) lakh
- Profit before tax: ₹2.34 lakh
- Tax expense (current tax): ₹0.60 lakh
- Net profit for the quarter: ₹1.74 lakh
Comparative Performance:
- Revenue increased 44.2% year-over-year (from ₹35.05 lakh in Q1 FY26)
- Net profit increased 364.4% year-over-year (from ₹0.38 lakh in Q1 FY26)
- Sequential revenue increased 3.7% from previous quarter (₹48.75 lakh in Q4 FY26)
Earnings Per Share:
- Basic EPS (continuing operations): ₹1.86
- Diluted EPS (continuing operations): ₹1.86
Capital Structure:
- Paid-up equity share capital: ₹93.73 lakh
- Face value per equity share: ₹10.00
- Reserves excluding revaluation reserve: ₹213.37 lakh
Segment Information:
- The company operates in a single reportable segment: Non-edible Oils
- No discontinuing operations during the quarter
Auditor's Review Report
Ashok Shashi & Co., Chartered Accountants, issued a limited review report on the unaudited financial results. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by the Institute of Chartered Accountants of India. The auditor stated that nothing has come to their attention that causes them to believe that the financial results:
- Have not disclosed the information required under Regulation 33 of SEBI (LODR) Regulations, 2015
- Contain any material misstatement
The report was issued in Ludhiana on July 27, 2026.
Additional Information
- The results were reviewed by the Audit Committee and approved by the Board of Directors
- All figures are in lakh rupees except face value of equity shares and EPS, which are in rupees
- The company has registered office at Momnabad Road, Village Akbarpura, Ahmedgarh, Malerkotla-148021, Punjab