Rasi Electrodes Limited delivered exceptional financial performance in the quarter ended June 30, 2026, with net profit from continuing operations surging 76% to ₹133.45 crore compared to ₹75.57 crore in the corresponding quarter of the previous year. The company announced its unaudited financial results for Q1 FY27, demonstrating robust operational efficiency and market positioning during the quarter.
The company's revenue from operations stood at ₹1,763.57 lakh in Q1 FY27, showing strong top-line growth compared to the previous year. This substantial revenue increase indicates robust demand for the company's products and effective market penetration strategies during the quarter.
In addition to the financial results, the Board of Directors approved the convening of the 32nd Annual General Meeting on September 28, 2026. The Board also proposed a dividend of ₹0.20 per share (10% on the paid-up value of ₹2) for the financial year ended March 31, 2026, which will be considered for declaration by shareholders at the upcoming AGM. The Limited Audit Review Report from Statutory Auditors dated August 14, 2026, was also noted by the Board.
The Board reviewed and approved the unaudited financial results for the quarter ended June 30, 2026. Mr. Gopikrishnan Madanagopal has been appointed as the Scrutiniser for the electronic voting process at the AGM. Non-Independent Director Mrs. Payal Jain will be retiring by rotation and will seek re-election at the 32nd AGM. The proposal for the appointment of a Secretarial Auditor for the ensuing 32nd AGM was also approved by the Board.
