The Board of Directors of RHI Magnesita India Ltd. convened on February 13, 2026, approving the Unaudited Consolidated and Standalone Financial Results for the quarter and nine months ended December 31, 2025. The results, which received a limited review from the Statutory Auditors, confirm the company’s performance across key operational metrics. Key highlights include performance comparisons against Q2 FY26 and Q3 FY25 figures, alongside disclosures on equity structure and earnings per share.
Approval of Q3 and Nine-Month Financial Results
RHI Magnesita India Limited announced the outcome of its Board Meeting held on February 13, 2026. The Board officially approved the Unaudited Consolidated and Standalone Financial Results for the quarter ended December 31, 2025, and the nine months ended the same date. The Statutory Auditors, Price Waterhouse Chartered Accountants LLP, issued their respective limited review reports on these financial statements.
Standalone Financial Highlights (Q3 FY26 vs. Q3 FY25)
The Standalone results show a notable expansion in scale. Total Income for the quarter ended December 31, 2025, stood at Rs. 90,444.37 Lakhs, up from Rs. 77,712.35 Lakhs in the corresponding quarter of the previous year (Q3 FY25). Profit Before Tax (PBT) for the quarter was Rs. 9,221.42 Lakhs, compared to Rs. 7,531.14 Lakhs in Q3 FY25. Consequently, the Net Profit after tax for the period rose to Rs. 6,889.98 Lakhs from Rs. 5,617.49 Lakhs year-over-year.
Standalone Nine-Month Performance (FY26 vs. FY25)
For the nine months ending December 31, 2025, Total Income reached Rs. 257,316.84 Lakhs. The Net Profit after tax for this nine-month period was Rs. 15,673.35 Lakhs, showing a decrease from Rs. 22,300.29 Lakhs reported for the nine months ending March 31, 2025 (Audited figure).
Consolidated Financial Overview (Q3 FY26 vs. Q3 FY25)
On a consolidated basis, Total Income for Q3 FY26 reached Rs. 109,201.39 Lakhs, an increase compared to Rs. 101,748.31 Lakhs in Q3 FY25. Consolidated Profit Before Tax (PBT) for the quarter was reported at Rs. 8,354.97 Lakhs, versus Rs. 6,429.77 Lakhs in the prior year comparable quarter. Consolidated Net Profit after tax for the quarter stood at Rs. 6,155.66 Lakhs, improving from Rs. 4,753.86 Lakhs.
Consolidated Nine-Month Performance
The consolidated figures for the nine months ended December 31, 2025, reflect Total Income of Rs. 308,768.60 Lakhs. The Net Profit after tax for this period was Rs. 13,517.02 Lakhs, contrasting with the Rs. 20,251.28 Lakhs achieved in the previous nine-month period ending March 31, 2025 (Audited figure).
Earnings Per Share (EPS) Detail
The basic and diluted Earnings Per Share (Face Value of Re. 1) for the Standalone entity in Q3 FY26 was Rs. 3.34. For the Consolidated entity in Q3 FY26, the basic and diluted EPS was Rs. 2.99. It is noted that these EPS figures are not annualized for the quarterly reports.
Key Business Notes and Changes
Several significant events informed the reporting period. On March 04, 2025, the subsidiary IEIPL entered an agreement to acquire 100% equity stake in Ashwath Technologies, which was fully completed on August 01, 2025. Furthermore, regulatory changes resulted in the recognition of incremental impact of Rs. 71.05 Lakhs (Standalone) and Rs. 554.18 Lakhs (Consolidated) related to the New Labour Codes as Employee Benefits Expense.
Additionally, a merger scheme involving the erstwhile RHI Magnesita Seven Refractories Limited was approved by the Regional Director, Ministry of Corporate Affairs, on January 09, 2026, with an effective date of February 02, 2026. This merger had no effect on the consolidated results for the period ending December 31, 2025, as both entities were already under the Company’s control.
Source: BSE