Rishabh Instruments Limited (ISIN: INE0N2P01017) has reported a strong financial performance for the second quarter of the fiscal year 2025-26, with significant growth in both revenue and profitability.

Financial Highlights

For the quarter ended September 30, 2025, Rishabh Instruments posted the following results:

Half-Year Performance

The company's performance for the first half of FY2025-26 also showed substantial improvement:

Consolidated Results

On a consolidated basis, Rishabh Instruments reported:

• Net profit of Rs 139.1 crore for Q2 FY2025-26, compared to Rs 70.4 crore in the same quarter last year, marking a 97.6% increase.
• Consolidated revenue stood at Rs 1,963.3 crore, up from Rs 1,823.5 crore in the previous year, showing a growth of 7.7%.

Business Overview

Rishabh Instruments specializes in manufacturing digital and analog electrical measuring meters and special purpose switches. The company's strong performance indicates robust demand for its products and effective operational management.

Investor Perspective

The substantial growth in earnings per share (EPS) from Rs 1.78 to Rs 3.29 year-over-year is likely to be viewed positively by investors, as it indicates improved profitability on a per-share basis.

Conclusion

Rishabh Instruments' ability to significantly increase its profitability while achieving moderate revenue growth demonstrates effective cost management and operational efficiency. As the company continues to navigate the market for electrical measuring instruments and switches, stakeholders will likely monitor its ability to maintain this growth trajectory.

Rishabh Instruments Limited announced a significant change in its board composition as Rathin Banerjee, a Non-Executive Independent Director, retired from the company's Board of Directors. The retirement took effect on September 12, 2025, marking the completion of Banerjee's tenure as an Independent Director.

Board Change Details

The company disclosed this board change through regulatory filings to both the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE). According to the filing:

• Rathin Banerjee's retirement is in accordance with the provisions of the Companies Act, 2013 and the SEBI Listing Regulations.
• The cessation of his duties is effective from September 12, 2025.
• Banerjee has been relieved from his responsibilities on the board as of the same date.

Regulatory Compliance

Rishabh Instruments Limited made this disclosure in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided details as required under Regulation 30(6) read with Para A (7) of Part A of Schedule III of the SEBI Listing Regulations and SEBI Circular No SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023.

Company Response

Ajinkya Joglekar, the Company Secretary and Compliance Officer of Rishabh Instruments Limited, signed off on the regulatory filing, ensuring transparency and adherence to corporate governance norms.

Board Committee Reconstitution

Following Banerjee's retirement, Rishabh Instruments has reconstituted its Board committees. The new structure of the committees is as follows:

These committees comprise various independent directors, the executive chairman, and whole-time directors in different capacities.

This board change and committee reconstitution come as part of the natural cycle of corporate governance, where independent directors serve for specified tenures to maintain objectivity and fresh perspectives in company oversight.