RHI Magnesita India Limited published the extract of its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, in Business Standard and Pratahkal on August 12, 2026. This disclosure ensures broader market access to the company’s performance data, which showed consolidated revenue from operations growing to ₹10,139.67 crore (₹1,013.97 crore) and net profit reaching ₹874.08 crore (₹8.74 crore) before tax and exceptional items. The publication includes a Quick Response code linking to the complete financial statements on stock exchange websites.

The Board of Directors approved these results on August 11, 2026. The company filed the intimation with BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 30, 33, and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sanjay Kumar, Company Secretary, signed the communication confirming the newspaper advertisements.

Financial Results Overview

The quarterly results highlight a strong operational performance for RHI Magnesita India. Consolidated revenue from operations stood at ₹10,139.67 crore (₹1,013.97 crore), up from ₹9,322.59 crore (₹932.26 crore) in the previous quarter. Standalone revenue was ₹8,634.53 crore (₹863.45 crore). Net profit before tax and exceptional items was ₹874.08 crore (₹8.74 crore) on a consolidated basis and ₹1,048.58 crore (₹104.86 crore) on a standalone basis.

Basic earnings per share were ₹3.79 on a standalone basis and ₹3.13 on a consolidated basis. The results exclude exceptional items, which had impacted prior periods.

Regulatory Compliance and Disclosure

The company adhered to regulatory timelines by publishing the results in widely circulated newspapers. The advertisement provided a direct weblink and QR code for investors to access the full format of the quarterly financial results. This step complements the electronic filings made with the stock exchanges, ensuring transparency and compliance with listing obligations.

RHI Magnesita India Limited company name has disclosed that its statutory auditor, Price Waterhouse Chartered Accountant LLP, intends to resign from its role effective August 14, 2026. The resignation covers both the parent company and its wholly-owned material subsidiary, RHI Magnesita India Refractories Limited (RHIMIRL). The primary driver for this change is the company’s decision to align its statutory auditor with that of its ultimate holding company, RHI Magnesita N.V., subject to requisite approvals from the Audit Committee and Board of Directors of the respective entities.

The intimation was filed with BSE Limited and the National Stock Exchange of India Limited on August 10, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. Sanjay Kumar, Company Secretary at RHI Magnesita India Limited, confirmed that detailed disclosures required under the Listing Regulations will be submitted once the signed resignation letters are received from the auditor.

Regulatory Compliance and Next Steps

The initial filing serves as a preliminary disclosure to ensure market transparency regarding the change in statutory auditor. Under SEBI guidelines, listed entities must promptly inform stock exchanges of such changes. The company has also uploaded this intimation on its official website for public access.

Investors should note that the resignation process involves further procedural steps, including the submission of signed documents and potentially a general meeting resolution if required by the Companies Act, 2013. The alignment with the global parent’s auditor suggests a strategic move towards centralized audit governance, though no specific reasons beyond this alignment were cited in the initial filing.