Rathi Bars Limited has announced its unaudited standalone financial results for the quarter ended June 30, 2026. The company reported a net loss of ₹1,561.79 lakhs for the period, a notable increase compared to previous periods. The financial results were reviewed by the Statutory Auditor, Audit Committee, and approved by the Board of Directors on August 12, 2026. The report also highlights significant outstanding amounts and ongoing litigation.
Rathi Bars Limited Reports Q1 FY27 Financials
Rathi Bars Limited has disclosed its unaudited standalone financial results for the first quarter of the financial year 2027, which concluded on June 30, 2026. The announcement, dated August 12, 2026, details the company’s financial performance during the period.
Key Financial Highlights
For the quarter ended June 30, 2026, Rathi Bars Limited reported a total revenue from operations of ₹1,954.12 lakhs. However, the company incurred total expenses of ₹3,515.91 lakhs, resulting in a net loss before exceptional items and tax of ₹1,561.79 lakhs. After considering tax, the net profit/loss for the period from continuing operations remained ₹1,561.79 lakhs.
The total comprehensive income for the period also stands at a loss of ₹1,561.79 lakhs. The Earnings Per Share (EPS) for the quarter was (₹9.56) on a basic and diluted basis.
Operational and Financial Context
The Board reviewed several critical matters including the status of manufacturing operations, which continue to remain suspended. Discussions with bankers and lenders regarding moratorium, restructuring, and asset monetization were also noted. A significant provision of ₹1193.80 Lakhs for bad and doubtful debts was recognized during the quarter and included under ‘Other Expenses’. Furthermore, the company’s cash credit facilities from Axis Bank and Yes Bank, along with a term loan from HDFC Bank, have been classified as Non-Performing Assets (NPA) by the respective banks.
An amount of ₹64.21 crore outstanding towards TReDS financiers remains unpaid and is under litigation. The financial results have been reviewed by the Statutory Auditor, Audit Committee, and approved by the Board of Directors.
Source: BSE
