Baroda Rayon Corporation Reports Profit Boost from Exceptional Income

Baroda Rayon Corporation Limited has announced its unaudited financial results for the quarter and half year ended September 30, 2025, revealing a significant boost to its profits from exceptional income.

Financial Highlights

The company reported a net profit of Rs. 603.78 crore for the quarter ended September 30, 2025, compared to Rs. 542.43 crore in the same quarter of the previous year. This increase was largely attributed to an exceptional income of Rs. 1.51 crore from writing off sundry creditors that were no longer payable.

Revenue and Segment Performance

Baroda Rayon's total revenue for the quarter stood at Rs. 1,357.36 crore, with the real estate segment contributing significantly to the company's performance. The company's operations in the textile segment remain suspended since August 2008, with the company exploring new avenues to restart activities in this area.

Segment-wise Revenue Breakdown

Segment	Q2 FY2026 (Rs. in crore)	Q2 FY2025 (Rs. in crore)
Real Estate	1,329.22	1,726.00
Textiles	28.14	50.37
Total	1,357.36	1,776.37

Profit Before Tax

The company's profit before tax for the quarter increased to Rs. 603.78 crore, up from Rs. 542.43 crore in the corresponding quarter of the previous year. This improvement was primarily due to the exceptional income recognized during the quarter.

Balance Sheet Position

As of September 30, 2025, Baroda Rayon reported total assets of Rs. 76,012.03 crore, with the real estate segment accounting for Rs. 73,692.61 crore of the total assets. The company's total equity stood at Rs. 38,544.60 crore.

Management Commentary

The Board of Directors, in their meeting held on November 14, 2025, approved these unaudited financial results. The company noted that it continues to focus on its real estate operations while the textile segment remains suspended.

Auditor's Review

Kansariwala & Chevli, the company's statutory auditors, conducted a limited review of the financial results for the quarter and half year ended September 30, 2025. They reported that nothing has come to their attention that causes them to believe that the financial results do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices and policies.

Investors and stakeholders should note that these results are unaudited and subject to limited review. The company's future performance may be influenced by various factors, including market conditions and regulatory changes in the real estate sector.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.11%	+0.40%	-3.82%	-6.89%	-32.70%	+2,637.07%

Baroda Rayon Corporation Limited (BRCL) has announced significant leadership changes and upcoming corporate events, as disclosed in recent regulatory filings with the BSE.

Leadership Reappointments

The Board of Directors of BRCL has approved the reappointment of two key executives:

Mr. Damodarbhai Patel has been reappointed as Managing Director for a three-year term from December 12, 2025, to December 11, 2028.
Mr. Viral Bhavani has been reappointed as Whole Time Director for a three-year term from October 1, 2025, to September 30, 2028.

Both reappointments are subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Directors' Profiles

Mr. Damodarbhai Patel

Commerce graduate with an LLB
On BRCL's board since 2008
Over 40 years of business experience
Expertise in wood, real estate, and textile industries since 1982

Mr. Viral Bhavani

Commerce graduate with an MBA
Joined BRCL's board in 2020
Over 15 years of experience in real estate and textile business
Strong skills in corporate governance, financial management, and strategic planning
Son of Mr. Damodarbhai Patel

65th Annual General Meeting

BRCL has announced details for its upcoming 65th AGM:

Date: Saturday, September 27, 2025
Time: 9:00 a.m.
Venue: Patidar Bhavan, Kadodara, Surat- 394327, Gujarat

Important Dates

Event	Date
Book Closure	September 21, 2025, to September 27, 2025 (both days inclusive)
E-voting Cut-off Date	Saturday, September 20, 2025

The company has appointed Mr. Manish Patel, a Practicing Company Secretary from Surat, as the scrutinizer for both remote e-voting and e-voting during the AGM.

These developments showcase Baroda Rayon's commitment to maintaining stable leadership while adhering to corporate governance norms. Shareholders will have the opportunity to vote on these reappointments and other matters at the upcoming AGM.