Rathi Bars Limited reported a net loss of ₹15.62 crore for the quarter ended June 30, 2026. The company’s manufacturing operations continue to be suspended, impacting revenue from operations which stood at ₹19.54 lakh. Key financial highlights include a total expense of ₹15.62 crore, with significant provisions for bad and doubtful debts and ongoing litigation impacting the financial results.
Rathi Bars Reports Q1 FY27 Financial Results
Rathi Bars Limited has announced its unaudited standalone financial results for the quarter ended June 30, 2026. The company reported a net loss of ₹15.62 crore for the period. This follows a period where manufacturing operations have remained suspended due to various reasons, including regulatory directives and increased power tariffs. The total revenue from operations for the quarter was ₹19.54 lakh.
Key Financial Highlights
Total expenses for the quarter amounted to ₹15.62 crore. The company also noted a provision of ₹11.94 crore recognized for bad and doubtful debts, representing approximately 20% of disputed trade receivables. This provision, coupled with existing litigation and significant bank dues classified as Non-Performing Assets (NPA), highlights ongoing financial challenges.
Operational Status and Outlook
Manufacturing operations continue to be suspended, with no change in status reported since the previous review. The Board is exploring revival and re-commencement of operations, including legal avenues and discussions with bankers and lenders for restructuring and asset monetization. The company’s ability to continue as a going concern is subject to the successful resolution of these matters.
Source: BSE
