Ridhi Synthetics Limited Reports Q3FY26 Results with 67% Revenue Decline
Ridhi Synthetics Limited reported challenging Q3FY26 results with total income declining 66.67% to ₹12.49 lacs from ₹37.45 lacs year-over-year. Net profit after tax dropped 60.52% to ₹25.94 lacs, while other comprehensive income fell 40.89% to ₹516.56 lacs. The results were approved by the Board on February 12, 2026.
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Ridhi Synthetics Limited has released its unaudited financial results for the quarter ended December 31, 2025, revealing a challenging operational period marked by significant revenue contraction. The Mumbai-based synthetic materials company faced substantial headwinds during Q3FY26, with key financial metrics showing considerable year-over-year declines.
Financial Performance Overview
The company's operational performance during Q3FY26 reflected significant challenges across multiple financial parameters. Revenue generation faced substantial pressure, while profitability metrics showed mixed results despite the overall decline.
| Metric | Q3FY26 (₹ Lacs) | Q3FY25 (₹ Lacs) | Change (%) |
|---|---|---|---|
| Total Income from Operations | 12.49 | 37.45 | -66.67% |
| Net Profit Before Tax | 34.42 | 86.95 | -60.40% |
| Net Profit After Tax | 25.94 | 65.71 | -60.52% |
| Other Comprehensive Income | 516.56 | 874.08 | -40.89% |
Revenue and Operational Challenges
The most significant impact was observed in the company's revenue generation, with total income from operations declining sharply to ₹12.49 lacs in Q3FY26 compared to ₹37.45 lacs in the corresponding quarter of the previous year. This represents a substantial 66.67% decrease, indicating significant operational challenges during the quarter.
Despite the revenue pressures, the company managed to maintain its profit margins relatively well. Net profit before tax stood at ₹34.42 lacs, down from ₹86.95 lacs in Q3FY25, representing a 60.40% decline that was proportionally smaller than the revenue drop.
Profitability and Comprehensive Income
Net profit after tax for Q3FY26 was ₹25.94 lacs, compared to ₹65.71 lacs in the same period last year, marking a 60.52% decrease. The company's tax management appeared effective, with the after-tax decline being marginally higher than the pre-tax decline.
Other comprehensive income showed ₹516.56 lacs in Q3FY26 versus ₹874.08 lacs in Q3FY25, representing a 40.89% decline. This metric, which includes various non-operational income components, provided some cushion to the overall financial performance.
Earnings Per Share Analysis
The company's earnings per share performance reflected the overall financial challenges, with basic and diluted EPS declining significantly year-over-year.
| EPS Metric | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Basic EPS (₹) | 2.16 | 5.47 | -60.51% |
| Diluted EPS (₹) | 2.16 | 5.47 | -60.51% |
Corporate Governance and Compliance
The financial results were prepared in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The unaudited results underwent proper review by the Audit Committee before receiving approval from the Board of Directors at their respective meetings held on February 12, 2026.
The company published these results in newspapers including The Free Press Journal and Navshakti on February 13, 2026, ensuring compliance with regulatory disclosure requirements. The complete detailed format of the quarterly financial results is available on the BSE website and the company's official website for stakeholder reference.
Historical Stock Returns for Ridhi Synthetics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -100.00% |
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