Rapicut Carbides reports a remarkable profit surge for June quarter, signalling a sustained improvement in business performance after returning to profitability earlier this year, supported by increased sales and strategic cost management.
Rapicut Carbides has reported a sharp turnaround for the quarter ended June 30, 2026, moving to a net profit of ₹816.79 lakh from a loss of ₹141.06 lakh a year earlier, as stronger sales lifted performance across the board. The unaudited results were approved by the board on August 8 and showed revenue from operations surging to ₹8,204.09 lakh from ₹1,037.71 lakh in the same quarter last year. Profit before tax rose to ₹1,042.73 lakh, while earnings per share improved to ₹15.21 from a loss of ₹2.63 a year earlier.
The improvement builds on a broader recovery already visible in the company’s recent numbers. ScanX reported that Rapicut Carbides returned to annual profitability in the year ended March 31, 2026, posting a net profit of ₹206.12 lakh against a loss of ₹232.58 lakh in the previous year, with revenue rising to ₹9,627.95 lakh from ₹4,198.64 lakh. The same pattern was reflected in earlier quarterly updates, including a stronger third quarter and a narrower loss in the half-year to September 30, 2025, suggesting the business has been regaining traction steadily rather than in a single leap.
The latest quarter’s results were helped by a sharp increase in material consumption, which the company said was partly offset by a favourable inventory movement. Costs of materials consumed stood at ₹8,770.69 lakh, while changes in inventories reduced the expense burden by ₹2,010.48 lakh. Employee benefits expense came to ₹141.42 lakh, finance costs were ₹14.21 lakh and other expenses totalled ₹232.82 lakh. Tax outgo for the quarter was ₹225.94 lakh, with the company noting that it used carried-forward business losses and unabsorbed depreciation in calculating current tax.
Alongside the results, the board approved the appointment of Pratham Pandya as chief financial officer from August 10, 2026. Rapicut Carbides said Pandya is a commerce graduate and qualified chartered accountant with experience in financial reporting, taxation, internal controls, financial analysis and statutory audit. The company also said its 49th annual general meeting will be held on September 26, 2026. It continues to operate in a single reportable segment, tungsten carbide products, and K C Mehta & Co LLP issued a limited review report on the latest unaudited figures from Vadodara.
Disclaimer: This article is intended to inform and educate, not to recommend or endorse any financial product, investment or strategy. Please consider your own financial circumstances and seek professional advice where appropriate before making financial decisions.
