Ramco Industries has emerged victorious in a significant tax dispute, as the High Court dismissed an appeal by the Income Tax Department, upholding the treatment of subsidy income as a 'capital receipt'.

High Court Ruling

The High Court, in its order dated September 22, 2025, sided with Ramco Industries, affirming the earlier decision made by the Income Tax Appellate Tribunal (ITAT). This ruling effectively puts an end to the dispute involving Rs 156.04 lakhs in disputed tax value.

Implications of the Verdict

The favorable outcome for Ramco Industries is expected to have positive financial implications for the company. By treating the subsidy income as a capital receipt, the company may benefit from potential tax savings and improved financial positioning.

Company's Disclosure

In compliance with SEBI regulations, Ramco Industries promptly disclosed the outcome of this litigation. The company's Company Secretary and Legal Head, S. Balamurugasundaram, confirmed in a regulatory filing that they downloaded the High Court order on September 24, 2025.

Ongoing Transparency

This disclosure aligns with Ramco Industries' commitment to transparency, as mandated by Clause 8 of Para B, Part A of Schedule III, read with Regulation 30 of SEBI (LODR) Regulations, 2015, and the recent SEBI circular dated July 11, 2023, regarding disclosures on material litigations.

Trading Window Closure

In a separate announcement, Ramco Industries also informed stakeholders about the closure of the trading window for the company's securities. The trading window will remain closed for directors and designated persons (including their immediate relatives) from October 1, 2025, until two trading days after the board meeting that will declare the unaudited financial results for Q2 FY2025-26.

This legal victory marks a positive development for Ramco Industries, potentially strengthening its financial position and reinforcing investor confidence in the company's operations and financial management.

Ramco Industries Limited , a leading player in the building materials sector, has announced strong financial results for the first quarter of fiscal year 2026, demonstrating significant growth across key metrics.

Financial Highlights

• Revenue Growth: The company reported a consolidated revenue of ₹52,683.00 lakhs for Q1 FY2026, marking a substantial 26% increase from ₹41,866.00 lakhs in the corresponding quarter of the previous year.

• Profit Surge: Net profit after tax saw an impressive 59% rise, reaching ₹4,542.00 lakhs compared to ₹2,859.00 lakhs in Q1 FY2025.

• Earnings Per Share: Basic earnings per share (EPS) improved significantly to ₹7.58 from ₹4.12 year-on-year.

• Comprehensive Income: Total comprehensive income turned positive at ₹8,046.00 lakhs, a notable improvement from a loss of ₹1,132.00 lakhs in the same quarter last year.

Consolidated vs. Standalone Performance

The consolidated results outperformed the standalone figures, highlighting the strength of Ramco Industries' overall business portfolio:

Additional Financial Insights

• The company maintained its paid-up equity share capital at ₹866.00 lakhs.
• Share of net profit after tax from associates accounted for using the equity method stood at ₹1,981.00 lakhs.

Management Commentary

P.V. Abinav Ramasubramaniam Raja, Managing Director of Ramco Industries Limited, signed off on the financial results, expressing confidence in the company's performance.

Transparency and Compliance

In line with regulatory requirements, Ramco Industries has published the extract of its unaudited consolidated financial results in major newspapers, including Financial Express and Makkal Kural. The company has also made the complete financial results available on its website and stock exchange portals, demonstrating its commitment to transparency and corporate governance.

Investors and stakeholders can access the detailed financial results through the company's website or by scanning the QR code provided in the published advertisements.

The robust Q1 FY2026 results underscore Ramco Industries' strong market position and effective business strategies, setting a positive tone for the fiscal year ahead.