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RACL Geartech LimitedResults, 31-01-2025: Integrated Filing- Financial

31-01-2025 | 05:23 pm

RACL Geartech Ltd's Board has approved the unaudited financial results for the quarter ending December 31, 2024. The company projects a revenue of INR 525 crore (+/- 5%) for FY 2025-26, although Q3 performance was impacted by unsold inventory at key customer KTM AG, which is undergoing a restructuring expected to conclude by March 25. The Board also discussed a potential investment of INR 150 crore to INR 175 crore over three years for strategic growth and expressed plans to explore funding options of up to INR 100 crore. This cautious outlook could suggest a neutral impact on investor sentiment, balancing growth ambitions with potential risks.

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