Ritesh International Limited’s Board of Directors convened on October 21, 2026, to approve the unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported a consolidated profit of ₹307.68 lakhs for the quarter ended September 30, 2026, a notable increase from the previous year. The limited review report from statutory auditors Ashok Shashi & Co. was also approved.
Board Meeting Approves Financial Results
The Board of Directors of Ritesh International Limited met on October 21, 2026, to consider and approve crucial financial statements. The meeting, which commenced at 02:00 P.M. and concluded at 02:30 P.M., focused on the unaudited financial results for the Quarter/Half Year ended September 30, 2026. Alongside these results, the Board also approved the Limited Review Report issued by the company’s statutory auditors, M/s Ashok Shashi & Co.
Financial Highlights for Q2 FY27
The unaudited financial results reveal a significant improvement in profitability. For the quarter ended September 30, 2026, the profit after tax from continuing operations stood at ₹307.68 lakhs. This compares favorably to the profit of ₹174.40 lakhs reported for the quarter ended June 30, 2026, and the ₹106.07 lakhs recorded for the same period in the previous year (September 30, 2025). The total comprehensive income for the quarter also saw a substantial rise to ₹307.68 lakhs.
Half-Yearly Performance
For the half-year ended September 30, 2026, Ritesh International Limited reported a profit after tax from continuing operations of ₹482.08 lakhs. This represents a strong performance compared to ₹143.62 lakhs in the corresponding period of the previous financial year. The total comprehensive income for the half-year also reached ₹482.08 lakhs.
Key Financial Data
Revenue from operations for the quarter ended September 30, 2026, was ₹7,034.31 lakhs, a significant increase from ₹5,054.00 lakhs in the previous quarter and ₹3,874.15 lakhs in the year-ago period. Total expenses for the quarter were ₹6,624.18 lakhs. Earnings per equity share (basic and diluted) for the quarter ended September 30, 2026, stood at ₹3.28.
Balance Sheet Overview
As of September 30, 2026, the total assets of Ritesh International Limited amounted to ₹6,212.96 lakhs. Total equity stood at ₹3,478.69 lakhs, with Equity Share Capital at ₹937.28 lakhs. Total liabilities were ₹2,734.27 lakhs. The company maintained a healthy cash and cash equivalents balance of ₹36.94 lakhs at the end of the period.
Cash Flow Statement Insights
The cash flow statement for the half-year ended September 30, 2026, indicates a positive cash flow from operating activities of ₹64.75 lakhs. Cash flows from investing activities resulted in a net outflow of ₹204.84 lakhs, primarily due to payments for acquisition of fixed assets. Financing activities also showed a net outflow of ₹48.60 lakhs. The net decrease in cash and cash equivalents for the period was ₹91.49 lakhs.
Source: BSE
