ALPHA TRIBE

Rapicut Carbides LtdResults, 15-05-2025: Result

15-05-2025 | 06:14 pm

Rapicut Carbides Limited has announced a board meeting approving the financial results for the quarter and half-year. The company reported revenue from operations of ₹41.99 Cr for the year, down from ₹60.16 Cr last year, with a net loss of ₹2.33 Cr compared to a profit of ₹0.49 Cr previously. Expenses remained high, leading to a negative EBITDA and loss before tax of ₹2.25 Cr. Cash flow from operations was negative at ₹3.90 Cr, reflecting operational challenges. The Board noted the resignation of the Chairman and appointed the Managing Director as the new Chairman. The audit report was unmodified, confirming the accuracy of the financial statements.

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