Rapicut Carbides has updated the contact details of its Key Managerial Personnel (KMP), effective August 10, 2026. The company filed the update with BSE Limited on August 8, 2026, in compliance with Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These contacts are authorized for determining the materiality of events and making necessary disclosures to the stock exchange.

Updated Contact Details

The filing provides specific phone numbers for three key executives involved in materiality assessment and regulatory communication.

For the purpose of making direct disclosures to the Stock Exchange, Kamlesh Shinde and Pratham Pandya are listed as the primary points of contact. Both share the same contact number, 7573022016.

Regulatory Compliance

This update ensures that investors and regulators have current information for urgent communications regarding material events. The change is procedural and does not reflect any alteration in the roles or responsibilities of the named personnel. The Company Secretary, Kamlesh Shinde, signed the disclosure on behalf of the company.

Rapicut Carbides delivered a strong financial turnaround in the quarter ended June 30, 2026, swinging to a net profit of ₹816.79 lakhs from a net loss of ₹141.06 lakhs in the corresponding quarter of the previous year. The board of directors approved the unaudited financial results at its meeting held on August 8, 2026, which commenced at 12.45 p.m. and concluded at 3.10 p.m. The results were reviewed and recommended by the Audit Committee and prepared in accordance with Ind AS-34 "Interim Financial Reporting" under Section 133 of the Companies Act, 2013.

Financial Performance: Q1 FY26 vs Q1 FY25

The company's revenue from operations rose sharply to ₹8,204.09 lakhs in Q1 FY26 from ₹1,037.71 lakhs in Q1 FY25, reflecting a significant year-on-year increase. Total revenue, including other income of ₹1.53 lakhs, stood at ₹8,205.61 lakhs compared to ₹1,038.35 lakhs in the year-ago period. Profit before tax came in at ₹1,042.73 lakhs, reversing a loss before tax of ₹140.73 lakhs in Q1 FY25. The following table summarises the key financial metrics across reporting periods (₹ in Lakhs):

Expense Breakdown

Total expenses for Q1 FY26 amounted to ₹7,162.88 lakhs, compared to ₹1,179.08 lakhs in Q1 FY25. The cost of materials consumed was the largest component at ₹8,770.69 lakhs, partially offset by a favourable change in inventories of finished goods, work-in-progress, and stock-in-trade of ₹(2,010.48) lakhs. Other key expense items are detailed below:

Tax and Earnings Per Share

The company reported a total tax expense of ₹225.94 lakhs for Q1 FY26, comprising current tax of ₹220.16 lakhs, deferred tax of ₹3.56 lakhs, and earlier years' tax of ₹2.22 lakhs. Notably, the company utilised eligible brought-forward business losses and unabsorbed depreciation available under the Income-tax Act, 1961, while computing the current tax liability, with current tax provided only on the balance taxable income remaining after such set-off. Basic and diluted earnings per share (face value ₹10/- each) stood at ₹15.21 for Q1 FY26, compared to ₹(2.63) in Q1 FY25. Paid-up equity share capital remained unchanged at ₹537.12 lakhs across all reported periods.

CFO Appointment and Corporate Developments

The board approved several key corporate actions at its August 8, 2026 meeting. Mr. Pratham Pandya has been appointed as Chief Financial Officer of the company with effect from August 10, 2026. The following table outlines his profile:

Additionally, the board announced that the 49th Annual General Meeting of the company will be held on Saturday, September 26, 2026. The company operates in a single reportable primary business segment — Tungsten Carbides Products — as per Ind AS 108. The statutory auditors, K C Mehta & Co LLP (Firm Registration No. 106237W/W100829), issued a Limited Review Report on the unaudited financial results, with the review conducted from Vadodara on August 8, 2026.