Rasi Electrodes Reports 15% Profit Growth in Q1 FY2026, Authorizes Investments Up to Rs 15 Crore
Rasi Electrodes Limited, a welding electrodes manufacturer, posted a 15% increase in net profit to Rs 125.73 lakhs for Q1 FY2026, despite an 8.6% decline in revenue to Rs 1,942.41 lakhs. Other income rose significantly to Rs 37.47 lakhs. The company's Board authorized investments up to Rs 15 crores and loans up to Rs 5 crores. No dividend was proposed, and the 31st AGM is scheduled for September 29, 2025. The company also reported a small turnover from a new grocery trading segment.