Riddhi Siddhi Gluco Biols Limited officially announced its unaudited standalone and consolidated financial results for the quarter ended December 31, 2025. The company's Board of Directors approved the results at a meeting held on February 7, 2026, along with limited review reports from statutory auditors Batliboi & Purohit, Chartered Accountants.

Standalone Financial Performance

The company's standalone performance for Q3FY26 showed mixed results with significant profitability challenges. While revenue remained relatively stable, the bottom line was severely impacted.

For the nine months ended December 31, 2025, the company reported revenue from operations of ₹20,194.52 lakhs compared to ₹7,468.59 lakhs in the corresponding period of FY25. Net profit for nine months FY26 stood at ₹5,112.98 lakhs against ₹8,413.52 lakhs in nine months FY25.

Segment-wise Performance Analysis

The company operates primarily in two business segments with varying performance trajectories across different verticals.

The wind energy generation segment demonstrated consistent growth in both quarterly and nine-month periods, while the trading business segment experienced a marginal quarterly decline but substantial nine-month growth.

Consolidated Financial Results

The consolidated performance includes the parent company and its subsidiary Shree Rama Newsprint Limited, with results significantly impacted by discontinued operations.

Regulatory and Legal Matters

The company continues to face ongoing regulatory proceedings with income tax authorities. An appeal has been filed with the Income Tax Appellate Tribunal, Ahmedabad regarding additions of ₹308 lakhs made by the Assessing Officer for assessment years 2013-14 to 2020-21, which the company considers as contingent liability.

Additionally, two matters remain pending before the Securities Appellate Tribunal related to SEBI orders, including a penalty of ₹5 lakhs each on the company and two promoter directors, and compliance requirements for Minimum Public Shareholding. Both matters were heard by SAT on December 16, 2025, with orders reserved.

Financial Position and Outlook

The company maintains total assets of ₹1,99,770.73 lakhs as of December 31, 2025, compared to ₹1,87,737.51 lakhs in the previous year. The paid-up equity share capital remains unchanged at ₹712.97 lakhs with a face value of ₹10 per share. The subsidiary's paper division continues as discontinued operations with piecemeal asset disposal ongoing.

Riddhi Siddhi Gluco Biols Limited (RSGBL) has announced its unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2025. The company, which operates in wind energy generation and trading business segments, reported a mixed performance with growth in revenue but a decline in profit compared to the same period last year.

Key Financial Highlights (Standalone)

Operational Performance

• The company's revenue from operations saw a significant increase in H1 FY2026, reaching ₹17,070.60 lakhs compared to ₹4,278.93 lakhs in H1 FY2025.
• However, the quarterly revenue for Q2 FY2026 decreased to ₹2,527.18 lakhs from ₹3,990.02 lakhs in Q2 FY2025.
• The profit after tax for Q2 FY2026 showed a slight improvement at ₹2,395.32 lakhs compared to ₹2,338.73 lakhs in Q2 FY2025.
• For the half-year, profit after tax decreased to ₹4,226.93 lakhs from ₹5,750.67 lakhs in the previous year.

Segment Performance

• Wind Energy Generation segment reported revenue of ₹1,225.23 lakhs for H1 FY2026.
• Trading Business segment contributed ₹15,845.37 lakhs to the revenue for H1 FY2026.

Consolidated Results

On a consolidated basis, which includes the performance of its subsidiary Shree Rama Newsprint Limited, RSGBL reported:

• Total income of ₹23,001.83 lakhs for H1 FY2026, up from ₹10,457.17 lakhs in H1 FY2025.
• Profit after tax from continuing operations of ₹2,493.69 lakhs for H1 FY2026, compared to ₹4,135.42 lakhs in H1 FY2025.

Discontinued Operations

The company's subsidiary, Shree Rama Newsprint Limited, has classified its Paper Division as a discontinued operation. For H1 FY2026, the discontinued operations reported a loss of ₹314.40 lakhs.

Regulatory Matters

Riddhi Siddhi Gluco Biols is currently addressing several regulatory issues:

1. The company has filed an appeal with the Income Tax Appellate Tribunal, Ahmedabad, against additions made by the Assessing Officer amounting to ₹308 lakhs.
2. RSGBL is addressing SEBI orders related to penalties and compliance with Minimum Public Shareholding requirements.

The next hearing for the company's regulatory matters is scheduled for November 20, 2025.

Outlook

While Riddhi Siddhi Gluco Biols has shown strong revenue growth in its half-yearly results, the decline in profitability suggests challenges in maintaining margins. The company's performance in the wind energy and trading segments, along with the resolution of regulatory matters, will be crucial factors to watch in the coming quarters.

Investors and stakeholders should note that the company is navigating through regulatory challenges while managing its core operations and the discontinuation of its subsidiary's paper division.