Riba Textiles reports ₹302.6 crore net profit for Q2 FY27

Riba Textiles Limited announced its unaudited standalone financial results for the quarter and half year ended September 30, 2026. The company reported a net profit of ₹302.60 lakh for the quarter and ₹345.98 lakh for the half year. The results were reviewed by the Audit Committee and approved by the Board of Directors.

Riba Textiles Announces Q2 FY27 Financial Results

Riba Textiles Limited has released its unaudited standalone financial results for the quarter and half year ended September 30, 2026. The Board of Directors reviewed and approved these results, following a recommendation from the Audit Committee.

Key Financial Highlights:

  • Quarter ended September 30, 2026:
    • Revenue from Operations (Gross): ₹8612.42 lakh
    • Profit Before Tax: ₹379.91 lakh
    • Net Profit: ₹302.60 lakh
    • Basic Earnings Per Share: ₹3.13
    • Diluted Earnings Per Share: ₹3.13
  • Half year ended September 30, 2026:
    • Revenue from Operations (Gross): ₹12537.22 lakh
    • Profit Before Tax: ₹436.04 lakh
    • Net Profit: ₹345.98 lakh
    • Basic Earnings Per Share: ₹3.58
    • Diluted Earnings Per Share: ₹3.58

Leadership Changes

In related news, the company also noted the resignation of Mr. Rajnish Mittal as Chief Financial Officer, effective November 10, 2026. Subsequently, Mr. Balkishan Bagla has been appointed as the new Chief Financial Officer, effective November 11, 2026.

A Limited Review Report on these financial results, issued by M/s. Ashwani K. Sindwani & Co., the Statutory Auditors, is also enclosed.

Source: BSE

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