RIR Power Electronics Q2 FY27 Revenue Up 32.5% to ₹33.98 Cr
RIR Power Electronics Limited announced its unaudited standalone financial results for Q2 FY27, reporting a revenue of ₹33.98 crore, a 32.51% increase year-on-year from ₹25.64 crore in Q2 FY26. Adjusted EBITDA grew by 29.67% to ₹5.66 crore, while Profit After Tax (PAT) surged by 41.2% to ₹4.45 crore from ₹3.15 crore in the prior year period. The company also highlighted significant progress on its upcoming facility in Odisha, completing the erection and installation of state-of-the-art Silicon Carbide (SiC) Epitaxial Wafer manufacturing reactors. This facility is poised to be India's first vertically integrated SiC semiconductor production facility. Commercial production is expected to commence upon completion of remaining statutory and regulatory formalities, potentially in Q3 FY27.
Key Highlights
- Q2 FY27 revenue increased by 32.51% YoY to ₹33.98 crore.
- PAT grew by 41.2% YoY to ₹4.45 crore, with PAT margin improving to 12.50%.
- Installation of SiC Epitaxial Wafer manufacturing reactors completed in Odisha facility.
- Odisha facility aims to be India's first vertically integrated SiC semiconductor production unit.
- Company focuses on railway, defence, and satellite technology sectors for growth.
Price Impact
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