Baroda Rayon Corporation Limited has entered into a significant loan agreement with Unipat Rayon Limited, securing financial assistance up to ₹13.00 crores for business purposes. The company disclosed this development in compliance with regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Loan Agreement Details

The financial arrangement represents a strategic move by Baroda Rayon Corporation Limited to strengthen its capital position for business operations. The loan agreement provides the company with access to substantial funding through Unipat Rayon Limited.

Regulatory Compliance and Disclosure

The disclosure was made pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has ensured full compliance with the regulatory framework.

Transaction Structure and Terms

The loan agreement does not involve any special rights such as director appointment rights, first right to share subscription, or restrictions on capital structure changes. The arrangement is structured as a straightforward financial assistance agreement without complex terms or conditions.

Corporate Governance and Transparency

Baroda Rayon Corporation Limited has demonstrated its commitment to corporate governance by ensuring timely disclosure of material agreements. The company has confirmed that the transaction does not fall within related party transactions, maintaining transparency in its financial dealings.

The loan facility provides the company with financial flexibility to pursue its business objectives while maintaining an unsecured structure. With no current outstanding amount as of the execution date, the company has the full facility available for utilization as per business requirements.

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

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.