Raw Edge Industrial Solutions News

Raw Edge Industrial Solutions Reports Loss of Rs 27.42 Lakh in Latest Quarter

Raw Edge Industrial Solutions Limited reported a net loss of Rs 27.42 lakh for the quarter ended September 30, 2025, compared to a profit of Rs 4.71 lakh in the previous quarter and a loss of Rs 8.28 lakh in the same quarter last year. For the half-year period, the company's losses widened to Rs 203.90 lakh compared to Rs 8.28 lakh in the previous year. The company's total income for the quarter was Rs 776.89 lakh. The Board of Directors approved these unaudited financial results at their meeting held on November 10, 2025. The company operates in a single business segment and reported no investor complaints during the quarter.

Raw Edge Industrial Solutions Reports Loss and Key Board Appointments

Raw Edge Industrial Solutions Limited reported a net loss of Rs 27.43 lakh for the quarter ended June 30, 2025, compared to a loss of Rs 90.51 lakh in the corresponding quarter of the previous year. Revenue from operations declined to Rs 804.44 lakh from Rs 1,069.18 lakh year-over-year. The company's board approved several appointments including Tofan Ashok Jena as Internal Auditor for financial year 2025-26, and Ranjit Binod Kejriwal as Secretarial Auditor for five consecutive years from 2025-26 to 2029-30. The board also changed the designation of Prashant Suresh Agarwal from Executive Director and Chief Financial Officer to Whole-time Director and Chief Financial Officer, effective August 1, 2025. The company reported no investor complaints during the quarter and maintains a debt-equity ratio of 0.929.

Raw Edge Industrial Solutions Reports Loss and Key Management Changes

Raw Edge Industrial Solutions Limited reported a net loss of ₹27.43 lakh for the quarter ended June 30, 2025, compared to a loss of ₹90.51 lakh in the same quarter last year. Revenue from operations declined to ₹804.44 lakh from ₹1,069.18 lakh year-over-year. The company made several key appointments including Tofan Ashok Jena as Internal Auditor for FY 2025-26, and CS Ranjit Binod Kejriwal as Secretarial Auditor for five years from FY 2025-26 to FY 2029-30. Additionally, Prashant Suresh Agarwal's designation was changed from Executive Director and CFO to Whole-time Director and CFO, with his tenure extending until November 27, 2028. The company reported no investor complaints during the quarter and operates as a single business segment.