RRP Semiconductor Ltd Reports Q3 2025 Financial Results with Reversal of Revenue and Tax Assets

RRP Semiconductor Ltd. has reported its unaudited financial results for the quarter ended 30/09/2025, with a net loss due to the reversal of revenue and tax assets. The company has experienced work execution of Rs. 14,82 Crores + Taxes in the previous quarter, but due to contractual disagreements, part of the revenue was reversed in the March 2025 quarter. The company has spent Rs. 3.72 Crores + Taxes for site preparation and other contractual requirements. Additionally, the company has returned and reversed the purchase of necessary material from M/s Total Solar Tecmologies I'vt Lid amounting to Rs. 5.2 Crores + Taxes. The company is pursuing recovery of a deposit of Rs, 12.00 crores, and a legal notice has been sent. The Board took note of a request for withdrawal from a preferential allottee, Mr. Rajendra Chodankar, but concluded no further action was warranted.