Rico Auto Q1FY27: Standalone Profit at ₹0.16 Cr, Consolidated Loss at ₹3.38 Cr
Rico Auto Industries Limited reported standalone revenue of ₹581.15 crore for Q1FY27, with a profit of ₹0.16 crore. Consolidated revenue stood at ₹755.08 crore, but the company posted a consolidated loss of ₹3.38 crore. The results were approved by the Board on August 12, 2026.
The decline in profitability, especially the consolidated loss, is a material event that can impact investor sentiment and the company's stock performance.
While revenue showed an increase, the significant drop in standalone profit and the shift to a consolidated loss indicate a negative financial performance for the quarter.
Rico Auto Industries Limited has submitted its unaudited financial results for the quarter ended June 30, 2026.
For the standalone entity, the company reported a revenue from operations of ₹581.15 crore, an increase from ₹387.88 crore in the same quarter last year. Other income stood at ₹10.92 crore. Total expenses were ₹591.73 crore. The standalone profit for the quarter was ₹0.16 crore, a significant decrease from ₹4.54 crore in the corresponding quarter of the previous year. Basic and diluted earnings per share were ₹0.01, down from ₹0.34.
The consolidated results show a revenue from operations of ₹755.08 crore, up from ₹543.46 crore in the prior year's quarter. However, the consolidated net loss for the quarter was ₹3.38 crore, compared to a profit of ₹16.72 crore in the same period last year. This resulted in a consolidated basic and diluted loss per share of ₹0.27.
The company also addressed deficiencies raised by the National Stock Exchange regarding the submission of financial results and the Limited Review Report, attributing them to technical faults during file merging. Rico Auto has submitted the corrected documents.
The company's Board of Directors approved these results on August 12, 2026, following a review by the Audit Committee.
A plain-language summary of a public exchange filing by Rico Auto Industries Limited. Read the original for the full detail.