Mumbai, 15th November , 2025: RIR Power Electronics Limited (BSE: 517035) announced its unaudited standalone financial results for the quarter ended 30th September 2025 (Q2 FY26).

Financial Performance on standalone basis for Q2 FY26 (Amount in ₹ crore except EPS)

Period Q2 FY26 Q1 FY26 QoQ% Q2 FY25 YoY%
Revenue 25.64 21.01 + 22.05% 18.82 + 36.26%
EBITDA 4.36 2.89 + 51.00% 2.46 + 77.03%
EBITDA Margin 17.01% 13.75% + 326 bps 13.09% + 392 bps
PAT 3.15 1.74 + 81.26% 1.53 + 105.34%
PAT Margin 11.97% 8.14% + 383 bps 7.96% + 401 bps
Basic EPS per share (Not annualized) 0.47 0.23 + 107.81% 0.21 + 123.81%

Financial Highlights – Q2 FY26 vs Q2 FY25

  • Revenue from Operations stood at ₹25.64 crore, as compared to ₹18.82 crore in Q2 FY25
  • EBITDA was ₹4.36 crore as against ₹2.46 crore in Q2 FY25.
  • EBITDA margin of 17.01% compared to 13.09% in Q2 FY25.
  • Profit After Tax (PAT) was ₹3.15 crore (₹1.53 crore Q2 FY25) with a PAT margin of 11.97% (vs 7.96% Q2 FY25).

Latest Strategic Developments

  • Fiscal Support for SiC Semiconductor Plant (Phase I): RIR Power was accorded fiscal support of ₹32.56 crore for Phase 1 of their two-phase project for Silicon Carbide manufacturing plant at Bhubaneswar, Odisha
  • Listing on National Stock Exchange: The Board of the Company had approved the listing of Company’s equity shares on National Stock Exchange of India in its last Board meeting held on 12th August 2025. The Company is in process of completing the requisite formalities and documentation for the proposed listing.

Management Comments: –

Dr. Harshad Mehta, Non-Executive Chairman, RIR Power Electronics Ltd, said:

“Our Q2 FY26 performance reflects operational resilience underscoring our commitment to steady, quality-led growth and continuing the process of strategic transition. Revenue growth remains strong, supported by strategic investments to scale operations, enhance efficiency, and strengthen customer relationships in key sectors.

He added, “The ₹618 crore Silicon Carbide semiconductor facility at Bhubaneswar is well on its way and is proving to be very significant in our plan of making India a self-sufficient country when it comes to high-performance power electronics. The facility will not only help RIR Power Electronics to meet the increasing demand in the areas of electronics, renewable energy, railways and defense applications. Operationally, we continue to focus on cost optimization, capacity expansion, increasing capacities and upgrading of technology. There is a positive expectation of gradual increase in the profit margin during the next few quarters as our recent investments are reflected in production and new customer acquisition.”