Rathi Bars Limited has reported a net loss after tax of ₹1,152.26 Lakh for the financial year ended March 31, 2026. This marks a significant decline from the previous year’s net profit of ₹256.56 Lakh. The company’s performance was impacted by a suspension of manufacturing operations, increased power tariffs, and other operational challenges, leading to a decrease in revenue and a widening of losses.
Financial Performance Review
Rathi Bars Limited announced its audited standalone financial results for the fiscal year ended March 31, 2026. The company recorded a net loss after tax of ₹1,152.26 Lakhs, a considerable downturn from the net profit of ₹256.56 Lakhs reported in the previous fiscal year (FY 2024-25). This resulted in a basic and diluted loss per share of ₹7.06 for the year, compared to earnings per share of ₹1.57 in the prior year.
Revenue and Operational Impact
The company’s revenue from operations for FY 2025-26 stood at ₹36,859.90 Lakhs, down from ₹49,770.59 Lakhs in the previous year. Management attributed this decline to a temporary suspension of manufacturing operations. This suspension was caused by several factors, including income tax search proceedings, invocation of GRAPE-Stage IV restrictions, amendments to Consent to Operate by RSPCB, and a significant increase in power tariffs. Consequently, the profit before tax also saw a substantial decrease, moving from a profit of ₹351.60 Lakhs to a loss of ₹1,225.65 Lakhs.
Other Financial Highlights
EBITDA for the year was reported as ₹(99.65) Lakhs, contrasting with a positive EBITDA of ₹1,477.60 Lakhs in the previous year. The company also noted that its internal control systems are adequate and regularly reviewed. Separately, the company is preparing for its 33rd Annual General Meeting on September 17, 2026, where shareholders will consider the adoption of the annual report and related business.
Source: BSE
