Rhetan TMT Limited has released its unaudited standalone financial results for the quarter ended June 30, 2026. The company’s Board of Directors approved and took on record the financial statement during a meeting held on Wednesday, August 12, 2026.

The results were filed in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The unaudited financial results are accompanied by a Limited Review Report from the statutory auditors.

The full financial results and the limited review report are available on the websites of the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), as well as on the company’s official website at www.rhetan.com .

What the Numbers Show

The source document provides only the regulatory filing notice and does not disclose specific financial metrics such as revenue, net profit, or EBITDA for the quarter. Consequently, no analytical observation regarding performance trends or margin movements can be derived from the provided data.

Rhetan TMT Limited reported a net profit of ₹3.16 crore for the quarter ended June 30, 2026, up from ₹0.76 crore in the corresponding period of the previous year. While revenue from operations declined to ₹4.06 crore from ₹5.04 crore year-ago, the bottom-line expansion was primarily driven by a surge in other income and favorable inventory adjustments.

The company’s board of directors approved the unaudited financial results on August 12, 2026. Alongside the financials, the board authorized the enhancement of production capacity at its manufacturing facility in Kadi, Gujarat, from 45,000 metric tonnes per annum to 75,000 metric tonnes per annum. The company will initiate procurement for requisite plant and machinery to implement this expansion.

Financial Performance

Revenue from operations stood at ₹4.06 crore for Q1FY26, down from ₹5.04 crore in Q1FY25. However, total income increased to ₹8.52 crore from ₹5.71 crore, largely due to other income rising to ₹4.45 crore from ₹0.68 crore in the prior year quarter.

Total expenses decreased to ₹5.21 crore from ₹4.95 crore in the previous year quarter. Cost of materials consumed rose to ₹4.75 crore from ₹3.66 crore, reflecting operational inputs. However, this was offset by a decrease in inventories of finished goods, work-in-progress, and stock-in-trade, which contributed ₹0.98 crore to income, compared to ₹1.16 crore in the prior year quarter. Finance costs remained stable at ₹0.33 crore.

What the Numbers Show

The divergence between operating revenue and net profit highlights a heavy reliance on non-operating items for current profitability. Other income constituted approximately 52% of the total income for the quarter, up from roughly 12% in the same period last year. This shift indicates that the reported profit growth is not solely derived from core manufacturing operations but is significantly bolstered by external or incidental gains.

Corporate Actions

In addition to the capacity expansion, the board approved several key corporate actions:

• Borrowing Limits: Enhanced borrowing limits from ₹200 crore to ₹300 crore under Section 180(1)(c) of the Companies Act, 2013, subject to member approval at the ensuing Annual General Meeting (AGM).
• Loans and Investments: Increased limits for loans, investments, and guarantees from ₹200 crore to ₹300 crore under Section 186 of the Companies Act, 2013, also pending AGM approval.
• Management Re-appointment: Recommended the re-appointment of Shalin Ashok Shah as Managing Director for five years, effective January 8, 2027, subject to shareholder approval.
• Auditor Appointment: Approved the re-appointment of GMCA & Co., Chartered Accountants, as statutory auditors for a second term of five years.
• Board Composition: Appointed Jhanvi Vikas Sethi as an Additional Independent Director effective August 12, 2026. The Audit, Nomination & Remuneration, and Stakeholders Relationship Committees were reconstituted with Rushabh Shah as Chairperson.

The company’s 42nd AGM is scheduled for September 16, 2026, to be held via video conferencing. The board also approved shifting its registered office within Ahmedabad, Gujarat.