Rasi Electrodes
19.72
+0.72(+3.79%)
Market Cap₹59.20 Cr
PE Ratio20.43
Company Performance:
1D+3.79%
1M-5.65%
6M-13.24%
1Y-41.19%
5Y+627.68%
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Latest news about Rasi Electrodes
Rasi Electrodes Reports 15% Profit Growth in Q1 FY2026, Authorizes Investments Up to Rs 15 Crore 10 days ago
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.