Rays of Belief Q1FY27 Consolidated Revenue at ₹253 Crore, Profit at ₹28 Crore
Rays of Belief Limited reported Q1FY27 consolidated revenue of ₹253.14 crore and profit after tax of ₹27.87 crore. Standalone profit after tax was ₹14.19 crore. The company listed on NSE and BSE on September 8, 2026, and its subsidiary acquired City Pro Group Inc. on September 18, 2026.
The results are positive, and the listing and acquisition are material events, but the impact is considered medium as no specific future guidance or major strategic shift beyond the acquisition is detailed.
The company reported profitable results and significant corporate actions like listing and acquisition, indicating positive business developments.
Rays of Belief Limited has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors, in their meeting held on September 28, 2026, approved these results along with the limited review reports from the statutory auditors, Suri & Sudhir.
The consolidated revenue from operations for the quarter stood at ₹253.14 crore (2531.4 million), with total income reaching ₹253.64 crore (2536.4 million). The company reported a profit after tax of ₹27.87 crore (278.7 million) for the consolidated entity, and ₹14.19 crore (141.9 million) for the standalone entity. Total comprehensive income for the consolidated entity was ₹27.14 crore (271.4 million).
Geographically, the consolidated revenue from external customers was ₹124.91 crore from India and ₹128.23 crore from the USA. The total expenses for the consolidated operations were ₹216.14 crore.
Significant events subsequent to the quarter include the listing of the company's equity shares on the National Stock Exchange of India Limited and BSE Limited on September 8, 2026. Additionally, Moni's Belief US Inc., a wholly-owned subsidiary, acquired 100% of the shareholding of City Pro Group Inc. on September 18, 2026, making it a step-down wholly owned subsidiary.
The financial results, including the revised code, will be made available on the company's website at https://www.momsbelief.com/. The Board Meeting commenced at 5:30 PM and concluded at 6:45 PM on September 28, 2026.
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Rays of Belief Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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