Board took on record Q2 and H1 FY27 standalone results; auditor review conclusion unmodified
Board meeting on 26 October 2026 (4.30 p.m. to 6.30 p.m.) took on record the standalone, un-audited financial results for the quarter and half year ended 30 September 2026.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 3,398.07 | 2,564.45 | +32.5% | 2,716.37 | +25.1% |
| Total income | 3,559.41 | 2,630.56 | +35.3% | 2,793.65 | +27.4% |
| Profit before tax | 553.93 | 435.41 | +27.2% | 415.29 | +33.4% |
| Profit after tax | 444.76 | 314.99 | +41.2% | 313.82 | +41.7% |
| Total comprehensive income | 435.89 | 295.10 | +47.7% | 264.62 | +64.7% |
| Basic EPS | 0.56 | 0.47 | +19.1% | 0.06 | +833% |
- Total income YoY growth
- +35.3%
- Period
- 30-09-2026
Auditor's review
Conclusion: Unmodified
Board meeting outcome
- The Board met on Monday, 26 October 2026; the meeting ran from 4.30 p.m. to 6.30 p.m.
- The Board considered and duly took on record the standalone, un-audited financial results for the second quarter and half year ended 30 September 2026.
- The Audit Committee reviewed, and the Board approved and took on record, these results. The limited review report is signed by statutory auditors M/s. Kirtane & Pandit LLP, Chartered Accountants, on the same date.
What the auditor concluded
- Nothing came to the auditors' attention that causes them to believe the statement has not disclosed the information required under the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.
- In simple terms, this is an unmodified review conclusion, with no qualification or adverse remark.
- A review is much narrower in scope than a full audit, and the auditors state they do not express an audit opinion.
- The company reports a single segment, Power Electronics, so there are no separate segment-wise results.
Standalone results, quarter and half year (₹ in lakhs)
- Revenue from operations: 3,398.07 in Q2 FY27 against 2,564.45 in Q2 FY26; 6,114.44 in H1 FY27 against 4,665.58 in H1 FY26.
- Total income: 3,559.41 against 2,630.56 in Q2; 6,353.06 against 4,765.38 in H1.
- Profit before tax: 553.93 against 435.41 in Q2; 969.21 against 691.99 in H1.
- Profit for the period: 444.76 against 314.99 in Q2; 758.58 against 488.76 in H1.
- Basic earnings per share: 0.56 against 0.47 in Q2; 0.95 against 0.70 in H1. Diluted: 0.56 and 0.95.
- Cost of materials consumed was 1,967.88 in Q2, employee benefits expense 504.97, finance costs 31.21 and depreciation and amortisation 38.95.
Balance sheet as at 30 September 2026, compared with 31 March 2026 (₹ in lakhs)
- Total assets: 23,449.95 against 21,788.08.
- Total equity: 14,932.65 against 14,057.11.
- Capital work-in-progress: 7,974.64 against 4,687.73.
- Current borrowings: 721.59 against 1,108.53.
- Cash and cash equivalents: 260.01 against 63.86.
Cash flow for the half year ended 30 September 2026 (₹ in lakhs)
- Net cash generated from operating activities: 3,224.87, after taxes paid of 157.87.
- Net cash used in investing activities: 3,507.98, which includes 3,554.47 spent on property, plant, equipment and intangible assets.
- Net cash generated from financing activities: 479.26, which includes a government grant received of 923.77.
- Net increase in cash and cash equivalents of 196.15, taking closing cash and cash equivalents to 260.01.
What a retail reader can take away
- The numbers are standalone and un-audited, but have been subjected to a limited review by the statutory auditors, whose conclusion is unmodified.
- Quarter and half year figures are shown alongside the same periods of the previous year, which lets you compare like with like; the update notes that prior-period figures have been re-grouped or re-arranged where necessary to make them comparable.
- The results were taken on record at a meeting held on 26 October 2026, and are signed by Managing Director and CEO Ramesh Kumar Narasinghbhan on behalf of the Board.
Also from RIR Power Electronics
RIR Power Electronics provides audio replay for Q2 FY2026-27 earnings/conference call held 27 Oct 2026
27 Oct 2026
RIR Power Electronics Ltd press release, Q2 FY27
27 Oct 2026
RIR Power Electronics schedules Q2 FY2027 earnings call for 27 October 2026 at 4.30 p.m. IST
22 Oct 2026
More numbers
- Revenue from operations, H1 FY27, standalone (₹ in lakhs)6,114.44
- Profit for the period, H1 FY27, standalone (₹ in lakhs)758.58
- Total assets as at 30 September 2026 (₹ in lakhs)23,449.95
- Net cash generated from operating activities, H1 FY27 (₹ in lakhs)3,224.87
- Total income, latest quarter3,559.41 (₹ in Lakhs)
- Total income, year-ago quarter2,630.56 (₹ in Lakhs)
- Total income, previous quarter2,793.65 (₹ in Lakhs)
- Total comprehensive income, latest quarter435.89 (₹ in Lakhs)
- Total comprehensive income, year-ago quarter295.10 (₹ in Lakhs)
- Total comprehensive income, previous quarter264.62 (₹ in Lakhs)
- Profit after tax, latest quarter444.76 (₹ in Lakhs)
- Profit after tax, year-ago quarter314.99 (₹ in Lakhs)
- Profit after tax, previous quarter313.82 (₹ in Lakhs)
- Revenue from operations, latest quarter3,398.07 (₹ in Lakhs)
- Revenue from operations, year-ago quarter2,564.45 (₹ in Lakhs)
- Revenue from operations, previous quarter2,716.37 (₹ in Lakhs)
- Profit before tax, latest quarter553.93 (₹ in Lakhs)
- Profit before tax, year-ago quarter435.41 (₹ in Lakhs)
- Profit before tax, previous quarter415.29 (₹ in Lakhs)
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