RIR Power Electronics Limited Announces Q1 FY26 Results: Stable Revenue, Lower Profitability Amid Higher Costs
RIR Power Electronics Limited, a global semiconductor company, announced its unaudited standalone financial results for Q1 FY26. The company reported stable revenue at ₹ 21.01 crore, marginally up from ₹ 21.05 crore in Q1 FY25. However, EBITDA and PAT decreased to ₹ 2.89 crore and ₹ 1.74 crore respectively, compared to ₹ 3.37 crore and ₹ 2.83 crore in Q1 FY25. The company attributes this to higher costs and global disruptions. During the quarter, the company secured fiscal support from the Government of Odisha for its SiC semiconductor manufacturing facility in Bhubaneswar, Odisha. The company also executed a 1:1 bonus issue and a 5:1 stock split to reward shareholders and improve market liquidity. The company remains focused on optimizing its cost structure, strengthening its supply chain, and expanding its customer base across domestic and export markets.
Key Highlights
- Revenue from Operations stood at ₹ 21.01 crore, largely flat compared to ₹ 21.05 crore in Q1 FY25.
- EBITDA was ₹ 2.89 crore as against ₹ 3.37 crore in Q1 FY25.
- Profit After Tax (PAT) was ₹ 1.74 crore (₹ 2.83 crore in Q1 FY25) with a PAT margin of 8.14% (vs 13.06% Q1 FY25).
- Government of Odisha approved fiscal support for Phase I of RIR Power’s SiC semiconductor manufacturing facility in Bhubaneswar, Odisha.
- The company executed a 1:1 bonus issue and a 5:1 stock split to reward shareholders and improve market liquidity.