Rapicut Carbides Limited , a manufacturer of tungsten carbide products, has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, showing signs of improvement despite ongoing challenges.

Financial Performance

The company reported a significant reduction in net loss for the half-year period, narrowing it down to ₹4.11 lakhs compared to a loss of ₹100.07 lakhs in the corresponding period last year. This marks a substantial improvement in the company's financial performance.

For the quarter ended September 30, 2025, Rapicut Carbides posted a loss of ₹2.62 lakhs, a considerable improvement from the ₹92.00 lakhs loss reported in the same quarter of the previous year.

Revenue and Operational Highlights

The company's revenue from operations for the half-year showed strong growth:

This significant increase in revenue indicates a robust recovery in the company's core operations.

Expenses and Profitability

Despite the increase in revenue, the company faced higher expenses:

The increase in expenses, particularly in the cost of materials consumed, offset some of the gains from higher revenue, resulting in a marginal loss for the period.

Balance Sheet Position

As of September 30, 2025, Rapicut Carbides reported:

• Total assets of ₹3,522.44 lakhs
• Cash and cash equivalents of ₹1.96 lakhs
• Inventories increased to ₹2,131.73 lakhs from ₹1,769.61 lakhs as of March 31, 2025

Management Commentary

The Board of Directors approved these results in their meeting held on November 8, 2025. While the company did not provide specific management commentary in the LODR filing, the narrowing losses and increased revenue suggest that the management's efforts to improve operational efficiency may be yielding positive results.

Outlook

While Rapicut Carbides has shown improvement in its top line and has significantly reduced its losses, the company still faces challenges in achieving profitability. The increase in raw material costs and finance expenses indicates potential pressures on margins. However, the substantial growth in revenue and the narrowing of losses point towards a potential turnaround if the company can maintain its sales momentum while managing costs effectively.

Investors and stakeholders will likely be watching closely to see if Rapicut Carbides can build on this improved performance and return to profitability in the coming quarters.

Note: All financial figures are in Indian Rupees (₹) and lakhs, as per the company's financial statements.

Rapicut Carbides Limited, a manufacturer of tungsten carbide products, has reported a significant increase in net loss for the first quarter. The company's financial results, approved by the Board of Directors on August 7, reveal challenges in profitability amid declining revenues.

Financial Performance

For the quarter ended June 30, Rapicut Carbides reported:

The company's revenue from operations declined by 4.70% year-over-year to Rs 1,037.71 lakhs. The total revenue, including other income, stood at Rs 1,038.35 lakhs, down 5.61% from the same quarter last year.

Expenses rose by 2.04% to Rs 1,179.08 lakhs, primarily driven by higher cost of materials consumed, which increased to Rs 713.41 lakhs. This surge in expenses, coupled with the revenue decline, led to a significant widening of the net loss to Rs 141.06 lakhs, compared to a loss of Rs 57.43 lakhs in the corresponding quarter of the previous year.

The earnings per share (EPS) for the quarter deteriorated to negative Rs 2.63, compared to negative Rs 1.07 in the previous year's quarter.

Operational Highlights

Rapicut Carbides operates in the Tungsten Carbides Products segment, which remains its sole reportable business segment as per Ind AS 108. The company's performance in this quarter reflects challenges in its core operations.

Annual General Meeting Announcement

In addition to the financial results, the Board of Directors has announced that the 48th Annual General Meeting (AGM) of Rapicut Carbides Limited will be held on Saturday, September 27.

Financial Review

The unaudited financial results for the quarter ended June 30 have been reviewed by the statutory auditors as required under SEBI regulations. The audit committee has also reviewed and recommended these results before the Board's approval.

As Rapicut Carbides navigates through these challenging times, the focus will likely be on cost optimization and exploring growth opportunities within the tungsten carbide market to improve its financial performance in the coming quarters.